Brite Advisors to be wound up
The Federal Court has ordered Brite Advisors (Brite) to be wound up on just and equitable grounds following an application by ASIC.
Source: financialstandard.com.au
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The Federal Court has ordered Brite Advisors (Brite) to be wound up on just and equitable grounds following an application by ASIC.
ASIC has obtained interim orders from the Federal Court to freeze the funds and assets of Brite Advisors (Brite), a specialist in moving private UK pension savings offshore.
A global advisory firm has been ordered by the Federal Court to freeze its funds and assets for failing to lodge financial statements.