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Showing 1 - 10 of 12 results for "FTI Consulting"

First Guardian victims recoup 8% of $38m loan

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
... according to liquidators who said the amount represents a realistic commercial value compared to alternative options. FTI Consulting, which was appointed as joint liquidators of Falcon, said the recoverable amount with respect to the Western Subdivisions ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... $238,806,547 - a far cry from the $525,367,274 previously claimed by Shield. In the case of First Guardian as at July 8, FTI Consulting said it was "not in a position to provide an estimate" as to what assets may ultimately be realised, and therefore ...

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... fraudulent transfers came to light during an account reconciliation review undertaken by staff and forensic accountants FTI Consulting, which was hired to review certain internal bank account ledgers. This examined nearly 22,000 transactions conducted ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... whether a class action is viable. "We are particularly concerned for investors in First Guardian Master Fund, as FTI Consulting - the liquidators for First Guardian - have now confirmed that they expect 'a substantial shortfall of recoverable assets. ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... Falcon, First Guardian and Anderson. On 9 April 2025, the Federal Court appointed Ross Blakeley and Paul Harlond of FTI Consulting as liquidators of Falcon and ordered the liquidators to wind up Falcon, First Guardian and related unregistered subsidiary ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... entity to be wound up. In response to a petition by ASIC, the court has appointed Ross Blakeley and Paul Harlond of FTI Consulting as liquidators of Falcon Capital to shut down and liquidate the entity, the First Guardian Master Fund and related unregistered ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... after director Joel Hewish was banned from working in the industry for 10 years. The hearing on October 3 appointed FTI Consulting as liquidators to GCPF after ASIC applied for its wind up. Melbourne-based Hewish founded United Global Capital (UGC) ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... administration more than a decade ago has now saved iconic dessert brand, Sara Lee. Sara Lee's administrators at FTI Consulting announced on Monday that the company, which went into voluntary administration last year, had been purchased for an undisclosed ...

XV Capital plots expansion, fund launch

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... high-profile appointments to its board. Vanguard Institutional Investor Group (US) managing director John James, FTI Consulting (UK) senior managing director Angus Wilson, and Alyve chief executive of digital transformation Mark Cameron have all joined ...

LM liquidators get boot over conflict of interest

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
... will be David Whyte of accounting firm BDO. The previous LM-appointed liquidators, John Park and Ginette Muller of FTI Consulting, had previously resisted attempts by the Australian Securities and Investments Commission (ASIC) to remove them from responsibility ...
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