Australian (ASX) Stock Market Forum

Equititrust?

Status
Not open for further replies.
Jump to new
What's in this file ??? That makes it SO IMPORTANT to the Liquidator's case ???
 
Seriously, how does a law firm get involved in this scandal ???

Do they not have Partners Meetings ?? Or is collusion just par for the course ???


No Trust said:
Ouch... Order just issued against Tucker, Cowan and the firm earlier this afternoon...

This file is not something I think they readily want to hand over... YIKES

The liquidator is going for the jugular of Tucker and Cowan and rightly so...

Not a good look for solicitors and a law firm to be hauled before the federal Court like this...


https://www.comcourts.gov.au/file/Federal/P/QUD944/2016/3777218/event/29018485/document/1012000
Click to expand...
 
Given the fact that the Federal Court has ordered "officers of the court" to produce a file at a Public Examination, the onerous nature of ensuring the whole file and nothing but the whole file is produced is not lost on anyone watching this unfold...
 
Brisbane lawyer David Tucker, who is representing several Angas investors, said the figure was “remarkable” and investors would be far better off appointing a receiver.

“In my experience, a receiver will cost considerably less and make substantial cost savings, including significant staff reductions, audit fees, office costs and insurance fees,” Mr Tucker told The Australian yesterday.


“An independent receiver will deliver a much more timely and cost-effective result for investors.”


http://www.theaustralian.com.au/bus...p/news-story/c6c75bbf1c87eabd0ef8fe5149cc205c
 
Does the same also apply to the Equititrust Premium Income Fund ???
Just asking...
 
The Public Examination of David Tucker next month will be the culmination of an enormous amount of work. The unravelling of the financial details in open court is what's most important to the long suffering Equititrust Investors...
 
The next step will be the claw back of those funds from the "false fiduciaries" involved in these legal proceedings...
 
2. The operation of the order of Justice Greenwood made on 20 January 2017 is varied so that, subject to further order:-
(a) pursuant to subsection 597(4) of the Corporations Act 2001, that part of the examination of Mr Tucker concerning his means and the means of any of the companies and trust estates referred to in paragraphs (ee) to (hh) of the Schedule shall be conducted in private;
(b) pursuant to paragraph 596F(1)(c) of the Corporations Act 2001, the following persons may attend that part of the examination conducted in private:-
(i) the Applicant liquidators, and their employee Jovan Singh;
(ii) the liquidators’ legal representatives, namely Michael Stewart QC, Sean Cooper, Stephen Russell, Yuzo Araki and Timothy Russell;
(iii) two representatives of Vannin Capital Operations Limited nominated in writing to Mr. Tucker prior to the examination; and
(iv) any other person authorised by Mr Tucker;
(c) pursuant to paragraphs 596F(1)(b) and (c) of the Corporations Act 2001, the Applicant liquidators shall provide a copy of this order to the persons named in subparagraph 2(b) hereof prior to their attendance at that part of the examination which is conducted in private;
(d) pursuant to paragraph 596F(1)(b) of the Corporations Act 2001, there shall be a separate transcript of that part of Mr Tucker’s examination conducted in private;
(e) pursuant to paragraph 596F(1)(e) of the Corporations Act 2001, that separate transcript and the documents referred to in paragraphs (ee) to (hh)inclusive of the schedule shall not be available for inspection by any person.



Prepared in the Queensland District Registry, Federal Court of Australia Level 6, Harry Gibbs Commonwealth Law Courts, 119 North Quay, Telephone 07 3248 1100

3. The costs of the making of this order are reserved.

Date that entry is stamped: 10 August 2017


https://www.comcourts.gov.au/file/Federal/P/QUD944/2016/3777218/event/29049189/document/1013243
 
No mention of doing anything for the Equititrust investors below... Come on this is not AMPITUP this is more like ARMPIT... Because this is what the Equititrust Investor's are being shown by McIvor as he forgets them in pursuit of another venture which I'm sure ASIC is watching closely...

I though McIvor was banned for life from financial services...

What is this member based, profit for community purpose corporation ???

Does it have a ACN and ABN ?


C.c. ASIC Greg Medcraft



AMPITUP is a collective group of concerned citizens shining the light on political and bureaucratic corruption, corporate criminality and advisory profession misconduct. We seek partnership with writers, journalists, musicians, entertainers and creatives who are willing to dedicate their time to promote commercial unity in community through revolutionary intellectual property, empowering financial independence from corporate globalisation.

The Age of Enlightenment was spearheaded by the motto, Sapere Aude, a Latin word meaning, ‘Dare to Know’. If you dare to know that 1% of the world’s population control 50% of the wealth, you will realise that Australia’s corporate and banking system controls our daily life, yet is subject to global manipulation. Laissez-faire is simply unfair and corporate media and bipartisan politics do not adequately advocate on behalf of citizens interests.

We believe our communities must return to commercial tribalism, based on co-operative and mutual principles to free Australian communities, generationally, from the grip of corporate globalization. We are owned by a member based, profit for community purpose corporation. Put simply, we believe Australians should own their own banking system, not be owned by it.

Join with us, as a member and commercial partner, in a brave new world of mutual commerce as we launch a revolution against a financial services system inequitably controlling our nation’s wealth building capacity.

‘Those who have much to hope and nothing to lose will always be dangerous’.
Edmund Burke Irish Philosopher & Statesman

http://ampitup.info/
 
Will update you on any media articles on the thread as they are published...

Stay tuned, some interesting info coming shortly...

Done With That said:
I can't login to the Australian. It's subscribers only. When is the next hearing? I'd like to buy it to get reports of the hearing.
Click to expand...
 
I'm sure the Big 4 banks are sleeping easy at night... McIvor's plan, for a new regional banking model sounds more like a travelling minstrel's show...

GOOD LUCK WITH THAT MATE :)

"We seek partnership with writers, journalists, musicians, entertainers and creatives who are willing to dedicate their time to promote commercial unity in community through revolutionary intellectual property, empowering financial independence from corporate globalization."



No Trust said:
No mention of doing anything for the Equititrust investors below... Come on this is not AMPITUP this is more like ARMPIT... Because this is what the Equititrust Investor's are being shown by McIvor as he forgets them in pursuit of another venture which I'm sure ASIC is watching closely...

I though McIvor was banned for life from financial services...

What is this member based, profit for community purpose corporation ???

Does it have a ACN and ABN ?


C.c. ASIC Greg Medcraft



AMPITUP is a collective group of concerned citizens shining the light on political and bureaucratic corruption, corporate criminality and advisory profession misconduct. We seek partnership with writers, journalists, musicians, entertainers and creatives who are willing to dedicate their time to promote commercial unity in community through revolutionary intellectual property, empowering financial independence from corporate globalisation.

The Age of Enlightenment was spearheaded by the motto, Sapere Aude, a Latin word meaning, ‘Dare to Know’. If you dare to know that 1% of the world’s population control 50% of the wealth, you will realise that Australia’s corporate and banking system controls our daily life, yet is subject to global manipulation. Laissez-faire is simply unfair and corporate media and bipartisan politics do not adequately advocate on behalf of citizens interests.

We believe our communities must return to commercial tribalism, based on co-operative and mutual principles to free Australian communities, generationally, from the grip of corporate globalization. We are owned by a member based, profit for community purpose corporation. Put simply, we believe Australians should own their own banking system, not be owned by it.

Join with us, as a member and commercial partner, in a brave new world of mutual commerce as we launch a revolution against a financial services system inequitably controlling our nation’s wealth building capacity.

‘Those who have much to hope and nothing to lose will always be dangerous’.
Edmund Burke Irish Philosopher & Statesman

http://ampitup.info/
Click to expand...
 
Noteable figures from interstate are said to be making their way to the Federal Court in Brisbane for Tucker's Examination later this month...
 
Status
Not open for further replies.
Top