On 12 February 2021, the Supreme Court of South Australia handed down its penalty decision that Peter Ivan Macks liquidator registration be suspended for a period of three years, commencing on a date yet to be fixed.
Mr Macks suspension will begin when His Honour Justice Doyle hands down final orders.
Pursuant to the decision, orders are also to be made for the removal of Mr Macks from all current appointments as liquidator or receiver and manager, that Mr Macks be restrained from accepting any kind of corporate insolvency appointment during his suspension period, and that he pay 50 per cent of ASICs costs of the proceedings.
The penalty decision follows His Honour Justice Doyles decision that, on or about 25 February 2010, Mr Macks…
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