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$4 million Banksia bucks 'in limbo' – Shepparton News

May 31, 2023
Full house: Kyabram Plaza Theatre was full when Banksia Securities investors turned out in force a decade ago to be updated on the failed financial group. Photo by Neil Saunders

Eleven years after the collapse of the Banksia Financial Group, receivers acting on behalf of investors in the failed Kyabram company are continuing the hunt for compensation.

Last week Banksia Securities receiver John Lindholm informed debenture holders, through his latest communication, that he would now be focusing his complete attention on Elliott Entities after agreeing to a settlement of $1.25 million with OBryan Entities.

Mr Lindholm is a special advisor to one of the worlds big four accounting firms, KPMG.

He ha…

Read the full article at: https://www.sheppnews.com.au/news/4-million-banksia-bucks-in-limbo-3/

Category: BankruptcyBy Insolvency Advisory AccountantsJune 1, 2023

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$4 million Banksia bucks 'in limbo' – Shepparton News

May 31, 2023
Full house: Kyabram Plaza Theatre was full when Banksia Securities investors turned out in force a decade ago to be updated on the failed financial group. Photo by Neil Saunders

Eleven years after the collapse of the Banksia Financial Group receivers acting on behalf of investors in the failed Kyabram company are continuing the hunt for compensation.

Last week Banksia Securities receiver John Lindholm informed debenture holders, through his latest communication, that he would now be focusing his complete attention on Elliott Entities after agreeing to a settlement of $1.25 million with OBryan Entities.

He has been at the forefront of the Banksia Financial Services investigation since his appoin…

Read the full article at: https://www.sheppnews.com.au/news/4-million-banksia-bucks-in-limbo-2/

Category: BankruptcyBy Insolvency Advisory AccountantsMay 31, 2023

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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
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$4 million Banksia bucks 'in limbo' – Shepparton News

May 30, 2023
Full house: Kyabram Plaza Theatre was full when Banksia Securities investors turned out in force a decade ago to be updated on the failed financial group. Photo by Neil Saunders

Eleven years after the collapse of the Banksia Financial Group receivers acting on behalf of investors in the failed Kyabram company are continuing the hunt for compensation.

Last week Banksia Securities Receiver John Lindholme informed debenture holders, through his latest communication, that he would now be focusing his complete attention on Elliott Entities after agreeing to a settlement of $1.25 million with OBryan Entities.

Mr Lindholme is a special advisor to one of the worlds Big Four accounting firms KPMG.

He ha…

Read the full article at: https://www.sheppnews.com.au/news/4-million-banksia-bucks-in-limbo/

Category: BankruptcyBy Insolvency Advisory AccountantsMay 29, 2023

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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
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July 17, 2024
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