“Daigou queen” Livia Wang and former Witchery executive Henry Lee have come to the rescue of Napoleon Perdis, offering to buy his eponymous make-up empire, which went into voluntary administration in January…
“Daigou queen” Livia Wang and former Witchery executive Henry Lee have come to the rescue of Napoleon Perdis, offering to buy his eponymous make-up empire, which went into voluntary administration in January…
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We’re pleased to welcome Chris Bergin to Cathro & Partners. Joining the team in February 2025, Chris brings with him 18 years of experience across a broad spectrum of corporate and personal insolvency matters. His background includes work in voluntary administration, receiverships, liquidations, safe harbour advisory, and complex restructuring assignments.
Section 588FP of the Corporations Act 2001 (Cth) addresses the validity of security interests granted by a company to certain related parties, particularly its officers. This provision is designed to prevent company officers from securing personal advantages over other creditors, especially in the period leading up to an external administration.
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