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Equititrust?

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No Trust said:
Equititrust: pair bought finance group’s loan book for $2m ‘to make $26m’

"The former chief executive and the company lawyer of the Gold Coast’s failed $250 million Equititrust finance group bought key fund assets for $2m when they were worth 10 times that amount, a public examination in Sydney has heard."

"Former Equititrust CEO David Kennedy and Brisbane lawyer David Tucker of Tucker & Cowen Solicitors allegedly bought the outstanding “loan book” of Equititrust for $2m, later allegedly claiming they expected to make a “$26m return” on the deal."

"Mr Hayes said he had been contacted by Mr Kennedy and Mr Tucker, who were enforcing outstanding debts, and made to leave his $2m home on Sydney’s northern beaches. He said Mr Tucker, who had flown from Brisbane to Sydney to check the home had been left in an appropriate condition for sale, said he and Mr Kennedy had bought the Equititrust Income Fund loan book and were “looking to wring as much from it as we can”."

“It was galling for me that he would come down and act like a smart arse when he was taking my house from me,” he said.

http://www.theaustralian.com.au/bus...m/news-story/b1a0d0d03d1c14d5ab15bd624016713d
Click to expand...
Mr Hayes said he had been contacted by Mr Kennedy and Mr Tucker, who were enforcing outstanding debts, and made to leave his $2m home on Sydney’s northern beaches. He said Mr Tucker, who had flown from Brisbane to Sydney to check the home had been left in an appropriate condition for sale, said he and Mr Kennedy had bought the Equititrust Income Fund loan book and were “looking to wring as much from it as we can”."

“It was galling for me that he would come down and act like a smart arse when he was taking my house from me,” he said.
 
Given my belief in Karma and that justice is meted out by the universe, this is not going to end well for Tucker & Cowan...

Now that Justice Bowskill has had enough of the b#llshit and is pushing the case to trial, this will only snowball from here as the public and media get a grasp of the facts and what is alleged to have been undertaken by officers of the court...
 
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Independent legal news source LAWYERLY earlier this afternoon reports on the failure of two name partners of Tucker & Cowan to dodge $17M Equititrust case.

upload_2019-10-7_13-58-26.jpeg
 
As this matter proceeds to what will be a monumental trial, public and media scrutiny will snowball...

The investors of the EPF have been financially raped by MS Asia... As Hong Kong burns so to will MS Asia...
 
No Trust said:
Given my belief in Karma and that justice is meted out by the universe, this is not going to end well for Tucker & Cowan...

Now that Justice Bowskill has had enough of the b#llshit and is pushing the case to trial, this will only snowball from here as the public and media get a grasp of the facts and what is alleged to have been undertaken by officers of the court...
Click to expand...


We always knew it wasn't going to end well for the investors, but agree with "No Trust" that what goes around comes around. KARMA!

Do we have an actual name of the genius who signed off and allowed all this to happen?

Who actually authorised this sale and at what point or is all that still to come out? Did Mozzi miss something?
 
Hi Mozzi

No names yet on who actually signed off on the sale of the debt to MS Asia (I assume that’s what you’re referring to).

We do know from last weeks judgment that the liquidators are alleging that confidential information of Equititrust was used by former directors and the company’s lawyer to obtain a benefit for themselves in contravention of provisions of the Corporations Act.

Much more to come out over the coming months...

Suffice to say that investors didn’t have a hope given the schemes that were being played out under the radar.

Mozzi said:
We always knew it wasn't going to end well for the investors, but agree with "No Trust" that what goes around comes around. KARMA!

Do we have an actual name of the genius who signed off and allowed all this to happen?

Who actually authorised this sale and at what point or is all that still to come out? Did Mozzi miss something?
Click to expand...
 
What’s clear from today’s reporting in the media and last weeks judgment by Justice Helen Bowskill, is that despite innocent retiree investors doing everything by the book in terms of investing their hard earned life savings with Equititrust, there were nefarious schemes afoot, even after Equititrust was placed into liquidation, to dispossess these people of their money and their last ounce of financial dignity was p#ssed on with wanton abandon without any concern for their welfare in the last years of their life.
 
The judgment of Justice Helen Bowskill was issued last Friday which allowed the Liquidators to amend the claim against Tucker & Cowan by way of leave.

Solicitors Russell’s have moved at lightening speed considering that yesterday was a public holiday in Queensland and have already lodged documents in the Supreme Court today.

The liquidators it appears have taken the gloves off and are proceeding with a full frontal attack after the support garnered from the Supreme Court judgment last Friday...

This is going to get ugly real quick...

13DA7732-8DCB-4E72-A422-3F25760083C5.jpeg
http://apps.courts.qld.gov.au/esear...Location=BRISB&Court=SUPRE&Filenumber=7399/18
 
Perhaps Jennifer Tucker is willing to offer FREE Grief Counselling to all those that her "successful handsome wonderful man who has a successful law practise and is an amazing husband".....
ripped off, and destroyed thousands of lives.

Tuckers Wife must have known there were going to be many, trusting Souls needing Grief Counselling, with A Sprinkle of Gratitude.

Domain Name: brisbanegriefcounsellor.com
Creation Date: 2018-12-26 T01:59:52Z
---

http://www.jennifertucker.me/about-me/

A Sprinkle of Gratitude
About me
Who am I ?
I am a stay at home Mum who has spent the last 21 years loving, raising and caring for my family.

I am a wife to David- a successful handsome wonderful man who has a successful law practise and is an amazing husband, Dad, friend and avid cyclist.
---

https://www.brisbanegriefcounsellor.com/

Jennifer Tucker
Brisbane Grief Counsellor

quote:
"I am passionate about helping you during those times in your life when you are dealing with grief. We all have times in our lives when we experience grief. Please contact me to discuss your grief and loss."

Domain Name: brisbanegriefcounsellor.com
Creation Date: 2018-12-26 T01:59:52Z
----

Loss & Grief Support Services & Counselling
Tucker, Jennifer Jennifer Tucker Brisbane Grief Counsellor

Providence House, 341 Gregory Terrace, Spring Hill QLD 4000

About Us
I am a counsellor dedicated to helping individuals who are experiencing loss and grief, at any stage in life.

https://www.mycommunitydirectory.co...fer_Jennifer_Tucker_Brisbane_Grief_Counsellor

---

brisbanegriefcounsellor.com
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jennifertucker.me

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What’s going on with the Brisbane legal fraternity ?

The magistrate should not feel sorry for the lawyer, she should feel sorry for victims of drug dealers. To have the temerity to bring drugs into his workplace as an officer of the court is unforgivable and he should be Disbarred...

The same applies to officers of the court who mislead it...

upload_2019-10-10_10-49-37.jpeg
 
It looks like the liquidators were keeping their cards close to their chests during the Public Examinations in 2007, given what’s come out in the pleadings and the judgments from Justice Helen Bowskill...

When this article from early 2018 is compared to what’s transpired since it appears that the liquidators already knew the answers to their questions in advance.

E3C57E59-A605-4EDE-A234-A8152431C478.jpeg 6B0189C8-4CF1-419E-93DA-78F0BF8CF00E.jpeg 22C1D859-45E5-4CFF-9AEF-53B8BFB93BC0.jpeg 1DF3FF05-E0C7-4F6E-BE51-9C22BB9900DA.jpeg

‘Crazy stretch’: Lawyer rejects insider queries
https://www.couriermail.com.au/busi...h/news-story/a37a779c6cca626917c5a4b06a12cac5
 
The above article says a lot doesn’t it...

If you testify to “B#tching” and “Moaning” what does that make you ???
 
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