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Equititrust?

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Remember this statement by Justice Reeves in July...

Today's judgement will follow along the same lines...

37 Whether or not Mr Tucker is correct in these claims and asserted intentions are matters that the Liquidators will undoubtedly investigate during his examination and, depending on the answers he gives, will weigh up in deciding whether to pursue any proceeding against him. However, I do not consider these statements can be used to prevent the Liquidators examining him with respect to his ability to meet a judgment in the contemplated proceeding. To do so would be to accede to the startling proposition that an examinee under Part 5.9 couldforeclose on this area of examination under that Part by making claims in an application of this kind that the Liquidators will gain nothing by pursuing that area or, if they do succeed to a judgment, that he or she will take steps to frustrate the collection of any monies under that judgment. If that were the position, the examination power under Part 5.9 would be significantly hindered, if not rendered totally nugatory.

http://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2017/2017fca0758
 
Three days worth of examinations:

21-Sep-2017 10:00 Examination Registrar Lynch Court No. 7, Level 6
20-Sep-2017 10:00 Examination Registrar Lynch Court No. 7, Level 6
19-Sep-2017 10:00 Examination Registrar Lynch Court No. 7, Level 6
 
"ASIC’s power to ban senior officials in the financial sector
24 days left to have your say 6 September 2017 - 4 October 2017ASICenforcementreview@treasury.gov.auConsultation Paper
Key documents

ASIC has the power to ban individuals from providing financial services in certain circumstances, for example, where the individual has breached a financial services law, has been convicted of fraud, is not of ‘good fame or character’, or is not adequately trained or competent to provide financial services.

The Taskforce positions on reform seek to enhance ASIC’s banning power by ensuring that it may take appropriate action to ban senior managers from managing financial services businesses. The need to enhance ASIC’s banning power in the financial services and credit sectors was flagged in the final report of the Financial System Inquiry (FSI). The FSI considered that enhanced banning powers would improve accountability of managers and corporate culture.

https://treasury.gov.au/consultation/c2017-t210621/
 
Is anyone from here able to report on what happens in these hearings? I'm out of the country and can't attend. Hard to get decent reports in the press. They seem to be ignoring the enormity of this story.
Nothingtoadd said:
Three days worth of examinations:

21-Sep-2017 10:00 Examination Registrar Lynch Court No. 7, Level 6
20-Sep-2017 10:00 Examination Registrar Lynch Court No. 7, Level 6
19-Sep-2017 10:00 Examination Registrar Lynch Court No. 7, Level 6
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I'm reliably told many who have crossed paths with Tucker over the years are closely watching the Public Humiliation next week.

What is certain though is that the National Media is going to be in attendance.

Photographers at the entrance of the Federal Court will capture Mr. Tucker coming in and out.

Freedom of the Press is a great thing.
 
One more sleep before David Walter Tucker takes the walk of shame to the Federal Court in Brisbane. Most of the investors in the Premium Fund / Equititrust were private super funds which held the life savings, blood sweat and tears of many hard working "honest" Australians.

These savings or part thereof should have been in the hands of these people by now if it were not for the greed and deception by Tucker and Kennedy...

Tomorrow is a milestone, marking the efforts of many people. The Liquidator who I have vehemently criticised in the past, has in this instance done an exemplary job in exposing Tucker and Kennedy for what they really are.

Let the Public Humiliation begin...
 
David Walter Tucker will be publically examined in the Federal Court for the next 3 days...
 
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CITY BEAT with ANTHONY MARX
21 September 2017
PAGE 28
COURIERMAIL.COM.AU

Truly a day to remember...
 
"Neither Tucker nor his business partner Richard Cowan returned calls"

What an awesome advertisement for this law firm. I'm sure their professional indemnity insurers will be reading with interest this morning.
 
"Notably Tucker is not the only one feeling the heat. Pleash is working his way through a list of 19 individuals who are linked to Equititrust including Queensland Supreme Court Justice David Jackson a QC who formally served as a director of the company for a brief time. He did not respond to a request for comment yesterday."

Anthony Marx didn't miss Jacko here either. Of course he doesn't want to comment to the press on his time defending and being a close associate of McIvor. Sitting on a high perch in the judiciary does not exempt you from proper inquiry of past actions and positions held.
 
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As for the Cartoon by Tony Bela from the Courier Mail, all I can say is Tony your a "bloody genius". The cauldron of hot oil and Tucker sweating like a pig in a bacon factory had people spitting their morning coffee from laughter....

IMG_0737.GIF
 
No Trust said:
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As for the Cartoon by Tony Bela from the Courier Mail, all I can say is Tony your a "bloody genius". The cauldron of hot oil and Tucker sweating like a pig in a bacon factory had people spitting their morning coffee from laughter....

View attachment 72701
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Was busy trying to work out a way to get the Courier Mail, when, of course, you did it for us! Thank you friend for making our day - don't know what we would do without you keeping us up to date - keep up the good work!!! Wish everything could progress quicker though as we know ploughing through the next lot will take even more time. We all need an end to this but still want McIver and gang to be held totally accountable!
 
Hi Mozzi

It's an absolute pleasure... Thankyou for your support over the years...

Tucker's Courier Mail mugshot in the cauldron of hot oil has been a long time coming... But will never be forgotten...

Eyes still watering at the brilliance of Courier Mail Cartoonist Tony Bela...

Mozzi said:
Was busy trying to work out a way to get the Courier Mail, when, of course, you did it for us! Thank you friend for making our day - don't know what we would do without you keeping us up to date - keep up the good work!!! Wish everything could progress quicker though as we know ploughing through the next lot will take even more time. We all need an end to this but still want McIver and gang to be held totally accountable!
Click to expand...
 
So the plot thickens, Michael Peldan former Partner from Worrells is listed on the company website as a consultant yet appears to have coincidently left the firm "6 months" ago. When queried no one at Worrells knew where he was.

Having his photo on the company website as a consultant it seems is just a face saving exercise by a firm which has clearly proven it is not independent and was willing to be a participant in Tucker and Kennedy's scheme. How can this firm ever be trusted when it conducted itself in this manner.

If the firm knowingly and willing misled the Supreme of Queensland in regard to the $250,000 security costs order then the firm should cease to exist.

I note Peldan was appointed by Tucker to be McIvor's trustee in bankruptcy. We all know what I think of McIvor, however this was all "too" coincidental.

I also note that Tucker is also now listed as a consultant on the Tucker and Cowan website. Is this also a farce as is the Peldan profile on Worrells website ???

Tucker and Cowan needs to come clean as to what Tucker's role is at the firm.

All I know is that there is a world of pain coming in the form of aggressive, protracted litigation which will also likely target the protagonists indemnity cover...
 
The whole sleazy world of insolvency and friendly relationships between lawyers and insolvency practitioners looks like it's about to be unraveled.

I am reliably informed that ASIC are investigating as are other regulatory authorities.

For this to have happened in this day and age is making mugs out of all of us...

Hall Chadwick have done an exemplary job in pursuing Tucker and Co in this regard and I duly note the stunned silence from David Whyte in "not" addressing the issue of giving his mate Tucker work related to Equititrust. How many f#cking conflicts of interest can Whyte tolerate ??

This was a mate's feeding frenzy and fee guzzling exercise.

Also BDO answer this, Did you know Tucker and Kennedy bought the Bank of Scotland Debt ???????????????????????
 
It seems "some" want the opportunity to rewrite history...

Even though Tucker got the hiding of his life in the Federal Court and Media the other day McIvor was the master of this disaster.

McIvor abused the media and said he wasn't given a fair go, but the media was just reporting on what he did.

McIvor can plead and beg to be given another chance, but the Australian press are not there to propogate lies on his behalf...

McIvor was warned about Tucker in explicit terms many many years ago, yet he persisted with bringing him into the fold and Karma did the rest...
 
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