Last month and just days before a fresh hearing brought by plaintiff creditor Maradox Pty Ltd was to commence MG Gold’s sole director Mendel Gluck took his sole option, appointing Cathro & Partners Simon Cathro and Andrew Blundell to the company as voluntary administrators.
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Trust accounts are fundamental to many professions where funds are held on behalf of clients or third parties. Lawyers, accountants, real estate and property agents, motor dealers, debt collection agents and owners’ corporations all commonly operate trust accounts as part of their day‑to‑day businesses. While these accounts are designed to
Trust accounts are fundamental to many professions where funds are held on behalf of clients or third parties. Lawyers, accountants, real estate and property agents, motor dealers, debt collection agents and owners’ corporations all commonly operate trust accounts as part of their day‑to‑day businesses. While these accounts are designed to
Emerging Insolvency Risks, Asset Recovery Challenges and Potential Widespread Fraud Indicators June 2026 The trucking industry is and will remain for some time, the critical backbone of the Australian economy. Supply chains depend on it. Businesses depend on it. Without it, the country stops. Yet despite this dependence, or perhaps
Emerging Insolvency Risks, Asset Recovery Challenges and Potential Widespread Fraud Indicators June 2026 The trucking industry is and will remain for some time, the critical backbone of the Australian economy. Supply chains depend on it. Businesses depend on it. Without it, the country stops. Yet despite this dependence, or perhaps
For decades, one of the most reliable wealth extraction strategies in Australia has been the use of a Members’ Voluntary Liquidation (MVL) — the formal solvent wind-up used to distribute a company’s reserves and assets to shareholders — to unlock pre-CGT gains held within corporate structures. The 2026 Federal Budget
For decades, one of the most reliable wealth extraction strategies in Australia has been the use of a Members’ Voluntary Liquidation (MVL) — the formal solvent wind-up used to distribute a company’s reserves and assets to shareholders — to unlock pre-CGT gains held within corporate structures. The 2026 Federal Budget
