THE former managing director of the collapsed Rare Coin Company will spend at least the next two years behind bars after being sentenced to stealing more than $1.8 million from investors over two years. Robert Colin Jackman, 63, was jailed for four years and two months in the District Court in Albany yesterday after pleading…
A High Court ruling is good news for about 400 debtors who are seeking court reviews of creditors rejections of their proposed personal insolvency arrangements. Ms Justice Marie Baker on Monday rejected arguments by banks and other creditors that such reviews are exclusively a matter for a debtors personal insolvency practitioner (PIP) and she ruled…
The former managing director of the collapsed Rare Coin Company will spend at least the next two years behind bars after being sentenced to stealing more than $1.8 million from investors over two years. Robert Colin Jackman, 63, was jailed for four years and two months in the District Court in Albany yesterday after pleading…
Controversially forgetful businessman Bill Lewski has paid nothing to walk away from $190 million in civil claims brought against him, his fellow directors and advisers to retirement village outfit Prime Trust. Fairfax Media can reveal the completion of one of Australia’s most torrid and long-running insolvency legal actions that involved high profile Prime directors Michael…
By Ann O’Loughlin A High Court ruling means good news for about 400 debtors anxious to pursue court reviews of creditors rejections of their proposed personal insolvency arrangements. Ms Justice Marie Baker today rejected arguments by banks and other creditors that such reviews are exclusively a matter for a debtor’s personal insolvency practitioner (PIP) and…
By Ann O’Loughlin A High Court ruling means good news for about 400 debtors anxious to pursue court reviews of creditors rejections of their proposed personal insolvency arrangements. Ms Justice Marie Baker today rejected arguments by banks and other creditors that such reviews are exclusively a matter for a debtor’s personal insolvency practitioner (PIP) and…
Controversially forgetful businessman Bill Lewski has paid nothing to walk away from $190 million in civil claims brought against him, his fellow directors and advisers to retirement village outfit Prime Trust. The founder of Prime Trust, Bill Lewski, gifted $60 million reaped from a controversial deal with Babcock and Brown to his sons. Fairfax Media…
The former director of the collapsed Rare Coin Company will spend at least the next 25 months behind bars after being sentenced to stealing more than $1.8 million from investors over a two-year period. Robert Colin Jackman, 63, was jailed for four years and two months in Albany District Court yesterday after pleading guilty to…
The much delayed insolvency resolution proceedings for Bhushan Steel has finally made it to the second stage. Bids for the debt-ridden company were submitted day before yesterday-after being pushed back multiple times-and the highest bidder is expected to be announced tomorrow. In the running are JSW Steel, Tata Steel and a group of employees of…
Orange has one of the highest rates of personal bankruptcy in Australia, with 75 people in the city declared bankrupt in 2017. Statistics from the Australian Financial Security Authority and data research agency illion placed Orange seventh in Australia, and second in NSW, for suburbs with the highest concentration of bankruptcies. It was a 38…