No Trust
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As the pressure builds on Kennedy to provide disclosure expect more of the above...
Equititrust?
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No Trust
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Run along... No conflict here...
"Mr Kennedy also said he was not aware of any potential conflict of interest in having KPMG as auditor when chief financial officer David Anderson, company secretary Kim Kercher and internal auditor Nigel Fitzgerald had all worked for KPMG."
"Mr Kennedy also said he was not aware of any potential conflict of interest in having KPMG as auditor when chief financial officer David Anderson, company secretary Kim Kercher and internal auditor Nigel Fitzgerald had all worked for KPMG."
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Hang on, who was the auditor of Equititrust ???
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No Trust
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Like McIvor, Tucker and Kennedy should be banned from operating companies for LIFE…
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Documentation to be filed in the Supreme Court in the coming weeks and months will be gobsmacking...
Regulators starting to sniff around too... Can't be ignored any longer...
Regulators starting to sniff around too... Can't be ignored any longer...
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What's keeping Tucker, Cowen and Kennedy up at night ???
DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE
DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE
DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE
DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE DISCLOSURE
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Come on Boys... If you've got nothing to hide you've got nothing to fear...
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Is it just us ??? Or do we all smell the fear in the air from the Tucker Defendant's...
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Stephen Russell has well and truly cornered the Tucker Defendants... This is evidenced in the weak affidavits and material being filed by Tucker's lawyers - Bartley Cohen, in trying to polish the turd of a defence in Tucker not providing disclosure...
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Every "intelligent observer" of this litigation can smell the blood in the water...
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The legal takedown has begun and it will be brutal in the coming months...
If Tucker can't "pony up" and keeps his "pie hole" shut the matter may not even proceed to trial...
If Tucker can't "pony up" and keeps his "pie hole" shut the matter may not even proceed to trial...
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WITHERING DESCRIPTIONS
IN five days of public examinations into failed property fund manager Equititrust, commercial lawyer David Tucker dropped some withering descriptions from the witness box.
Equititrust founder Mark McIvor, now banned for life from providing financial services, had strategies that amounted to “madness”, did “dodgy deals” and had “extra kangaroos in the top paddock”, said Mr Tucker, a former Equititrust director.
Developer Jim Raptis - whose Raptis Group nearly collapsed in 1992, and went into administration in 2009 and since recovered - seemed an “habitual insolvent”. Investment bank Morgan Stanley ran “a slash and burn operation”.
Some harsh words were for Stephen Russell, whose firm Russells are the liquidators’ solicitors. Mr Tucker accused Mr Russell of having sent an “extortionate email to my (business) partner, Richard Cowen, in which he tried to extort a settlement on an unrelated case under threat of exposure of me apparently in relation to this (Equititrust matter)”.
Mr Russell, in an email to The Courier-Mail, dismissed the claim as one of Mr Tucker’s “utter fanciful allegations”, denied wrongdoing and said the court in a related matter had found no basis for claims Mr Russell was pursuing the examination for improper purposes.
IN five days of public examinations into failed property fund manager Equititrust, commercial lawyer David Tucker dropped some withering descriptions from the witness box.
Equititrust founder Mark McIvor, now banned for life from providing financial services, had strategies that amounted to “madness”, did “dodgy deals” and had “extra kangaroos in the top paddock”, said Mr Tucker, a former Equititrust director.
Developer Jim Raptis - whose Raptis Group nearly collapsed in 1992, and went into administration in 2009 and since recovered - seemed an “habitual insolvent”. Investment bank Morgan Stanley ran “a slash and burn operation”.
Some harsh words were for Stephen Russell, whose firm Russells are the liquidators’ solicitors. Mr Tucker accused Mr Russell of having sent an “extortionate email to my (business) partner, Richard Cowen, in which he tried to extort a settlement on an unrelated case under threat of exposure of me apparently in relation to this (Equititrust matter)”.
Mr Russell, in an email to The Courier-Mail, dismissed the claim as one of Mr Tucker’s “utter fanciful allegations”, denied wrongdoing and said the court in a related matter had found no basis for claims Mr Russell was pursuing the examination for improper purposes.
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Tick Tock... The Disclosure Dooms Day Clock has started ticking for the Tucker defendants...
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Expect some eye watering affidavits to be lodged in the next week and a half...
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Lots of interesting twists and turns occurring in the background... None of them good for the Tucker Defendants...
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So Tucker being dragged back to court on the 26th of August again… Disclosure is his Achilles Heel…
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A snapshot of what's to come...
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Thanks No Trust. Will keep reading this forum ?
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Pleasure Just Observer, we are heading into a critical period… The Tucker Defendants are cornered…
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