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Interpark Commerce Logo [Courtesy of Interpark Commerce]
Interpark Commerce, which has been suffering from financial difficulties in the aftermath of the Timon and Wemakeff incidents, was eventually declared bankrupt.
On the 16th, the Seoul Rehabilitation Court (Chief Justice Jung Joon-young) declared the debtor Interpark Commerce Co., Ltd. bankrupt. It has been two weeks since the court decided to abolish the rehabilitation procedure on the 1st, believing Interpark Commerce has no possibility of rehabilitation, and a year and four months since it applied for the rehabilitation procedure to the court in August last year.
Bennett said even if Sharaz was unable to pay the whole debt, the “vindication of Ms Reynolds’ reputation (was) paramount”.
“[Sharaz will] serve out his time for bankruptcy. He’s working, so his income will be assessed, and he’ll be required to make contributions to the estate,” Bennett said.
Linda Reynolds (middle) with lawyer Martin Bennett (right) leaving the WA Supreme Court earlier this year.Credit: Trevor Collens
“His travel will be restricted. He’ll be required to cooperate with the trustee, and he won’t be able to retain luxury items.”
As trustee, Juratowitch has wide powers to investigate the couple’s finances.
“He’s able to investigate their affairs to determine the truth of their financial…
Bennett said even if Sharaz was unable to pay the whole debt, the “vindication of Ms Reynolds’ reputation (was) paramount”.
“[Sharaz will] serve out his time for bankruptcy. He’s working, so his income will be assessed, and he’ll be required to make contributions to the estate,” Bennett said.
Linda Reynolds (middle) with lawyer Martin Bennett (right) leaving the WA Supreme Court earlier this year.Credit: Trevor Collens
“His travel will be restricted. He’ll be required to cooperate with the trustee, and he won’t be able to retain luxury items.”
As trustee, Juratowitch has wide powers to investigate the couple’s finances.
“He’s able to investigate their affairs to determine the truth of their financial…
Bennett said even if Sharaz was unable to pay the whole debt, the “vindication of Ms Reynolds’ reputation (was) paramount”.
“[Sharaz will] serve out his time for bankruptcy. He’s working, so his income will be assessed, and he’ll be required to make contributions to the estate,” Bennett said.
Linda Reynolds (middle) with lawyer Martin Bennett (right) leaving the WA Supreme Court earlier this year.Credit: Trevor Collens
“His travel will be restricted. He’ll be required to cooperate with the trustee, and he won’t be able to retain luxury items.”
As trustee, Juratowitch has wide powers to investigate the couple’s finances.
“He’s able to investigate their affairs to determine the truth of their financial…
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Brittany Higgins’ husband David Sharaz has been declared bankrupt by the Federal Court, just days after Higgins herself was placed into bankruptcy over unpaid defamation debts to former WA Liberal senator Linda Reynolds.
Higgins and Sharaz were ordered to pay Reynolds $341,000 in damages and more than $1 million in legal costs in August after Reynolds’s successful defamation action over a series of social media posts from the pair.
David Sharaz has been declared bankrupt by the Perth Federal Court.Trevor…
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The High Court in Christchurch has appointed PWC as interim liquidators. File photo. Photo: RNZ / Nate McKinnon
The Financial Markets Authority (FMA) is investigating a Christchurch-based investment corporation led by businessman Bernard Whimp.
The investigation centred around Chance Voight Investment Corporation, as well as subsidiaries, persons and entities associated with Chance Voight Group.
The High Court in Christchurch has appointed PWC as interim liquidators at the request of the FMA.
The companies were associated with businessman Whimp.
