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Showing 41 - 48 of 48 results for %22Westpoint Group%22

Another Westpoint collapse

HAMISH MADDEN  |  MONDAY, 24 APR 2006
... Commission (ASIC) announced that it has begun proceedings to wind up Cinema City Mezzanine Pty Ltd, part of the Westpoint group. ASIC is asking the Federal Court to appoint a liquidator to Cinema City Mezzanine, claiming the company is insolvent and ...

More senior executive changes for the FPA

... coincided with a report in The West Australian newspaper about her prior business dealings with failed property group Westpoint. In an official statement released by Brennan, she nonetheless denies any connection between the timing of the story and her ...

Thirty dealer groups up for $300m in Westpoint recovery

... consultant, Joanne Rees, said that together with commercial litigation funder, IMF, the firm is ferreting out the Westpoint group's remaining assets and insurance policies, ahead of launching proceedings for approximately 600 clients. "At the moment ...

High yield mortgage funds score high ratings

... risk/return characteristics of the different industry segments. High yield mortgage funds for example exclude Westpoint Group-type mezzanine notes or promissory-note products. Peter Ward, S&P's associate director, said, "The promissory notes and mezzanine ...

Secured creditors called on for help in Westpoint bungle

The head of the financial planner-funded Westpoint Recovery Fund, Ian Bristow, has called on Westpoint's secured creditors such as ING, MFS, LM Investment and Perpetual, to help salvage investments poured into the company before it's too late. Three ...

AIOFP forms Westpoint Recovery Fund

An estimated 4,000 investors are reported to have been caught out in the $300 million Westpoint sinkhole after ASIC forced it to shut down its finance companies Ann Street Mezzanine and York Street. But the finger pointing has intensified with Westpoint ...

Property groups and advisers get set for scrutiny

... fixed interest products and the advisers selling them will come under ASIC's microscope following the widely reported Westpoint debacle, said ASIC's two chief orchestrators. ASIC deputy chair, Jeremy Cooper, said the mezzanine finance property area will ...

TPC opens Melbourne office

... with LendLease, MLC and Deutsche Bank. The group was developed with the help of Lazard Asset Management, and boasts Westpoint and Aberdeen Asset Management amongst its clients.
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