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Equititrust?

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Why pray tell is Tucker & Cowan missing from the panel ? May it have something to do with the fact that Tucker is now a “sole practitioner” ???
 
From what’s gone on in this ongoing saga leads me to believe that the insolvency and legal professions are a back slapping boys club out to get as much as they can, and if that means ignoring conflicts of interest and ethics guidelines, who the f#ck cares, ASIC isn’t going to do anything about it.

One thing these cretins haven’t taken into account is the tenacity of certain people and the media’s exposure of them.

Expect some more headlines soon...
 
Hi BDO,
when did you find out about Tucker and Kennedy’s MS Asia deal ? When you were made aware of the deal, was Tucker and Cowan engaged to do further legal work for BDO ? Did David Kennedy do any consulting work in relation to Equititrust for BDO at any time ?

Were any conflicts of interests reported to the court ?
 
A snapshot of the Insolvency and Legal Profession’s views on life...

upload_2019-5-11_12-14-46.jpeg
 
A snap shot of MS Asia Debt Acquisition directors meeting.

upload_2019-5-11_12-17-11.jpeg
 
New week almost upon us and BDO still hiding in their cave about not answering questions about when they discovered that Tucker and Kennedy were behind the MS Asia Deal. Legal work flowed to Tucker and Cowan from BDO from the commencement of the receivership... WHY ?
 
If BDO have nothing to hide, why do they hold the investors of Equititrust in contempt and refuse to answer questions as they relate to work given to Tucker & Cowan and what if any work Kennedy was doing for BDO and at what rate...
 
Why doesn’t BDO get guidance from the Supreme Court in regard to using Tucker and Cowan as solicitors related to the receivership. The investors sure want to know what the hell went on. As a court appointed receiver the conflict issues need to be declared to the court, in conjunction with the exact date that BDO was made aware of the MS Asia deal, that involved Tucker, Kennedy and Tucker & Cowan, as a firm acting for both Kennedy and MS Asia. Just writing this boggles the mind as to the convoluted interconnection of the parties...

Investors are shaking their heads asking WTF went on here, hopefully a Supreme Court Judge will help clear things up...
 
Wakey wakey BDO, its time to answer those pesky questions that wont go away about the use of Tucker and Cowan as your solicitors in what was a clear conflict of interest... Why weren’t Equititrust Investors asked about what they thought about that idea at the outset ?
 
Let’s make one thing clear that no one can deny, Tucker was doing legal work for BDO when he was also the owner of the Equititrust Premium Fund debt. That’s indisputable, the question is when did BDO become aware of this. Kennedy also seemed to be involved in some way, which BDO has failed to explain. Was Kennedy a consultant or just a benevolent helper ?
 
That’s right Mozzi, they only care about themselves not the people being hurt by their actions..

Mozzi said:
Guess you know what "friends with benefits" means NO TRUST?

Some people are getting SCREWED!
Click to expand...
 
As suspected a settlement has been reached with KPMG’s insurer... The question now is, what happened with the claim against Equititrust’s insurer ?

Great work Hall Chadwick... Successful result without using Tucker & Cowan as a lawyers unlike the Receiver BDO... Oh hang on, the Liquidators Hall Chadwick, are suing David Tucker and Richard Cowan in the Supreme Court...

http://apps.courts.qld.gov.au/esear...Location=BRISB&Court=SUPRE&Filenumber=7399/18

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https://www.lawyerly.com.au/equititrust-liquidators-reach-settlement-with-kpmg/
 
The above result for investors by Hall Chadwick, juxtaposed to this excuse by BDO for using Tucker & Cowan as its lawyers in the receivership, is a bad joke on every investor in the fund...

According to David Whyte he continued to work with Tucker & Cowan “in investors best interests”
If that comment doesn’t define irony, then nothing does...

Eyebrows were raised indeed...

Courier Mail
City Beat
Anthony Marx
15 May 2019

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