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Liquidator estimates failed ad agency McCorkell owed $6 million

Published: February 27, 2024

Investigating what a court has been told has the hallmarks of a “phoenix” transaction. 

Source: adnews.com.au

Related Topics:

United StatesNorth SydneyNew South WalesWestern AustraliaMichael HoganScott MccorkellHogan SprowlesObrien PalmerLiam BaileyAustralian Tax OfficeDepartment Of EmploymentMccorkell GroupMccorkell AssociatesFederal CourtAustralian TaxO Brien PalmerPhoenix OptionWorkplace Relations

COURT: Accountant tells of loan manipulation in rush to sell ad agency

Published: November 23, 2023

The long time advisor to Scott McCorkell.

Source: adnews.com.au

Related Topics:

North SydneyNew South WalesKaren PowellLiam BaileyScott MccorkellAndrew FraserWesley TingeyGeorgina MccorkellMichael HoganAustralian Tax OfficeMccorkell GroupFederal CourtDavid StackFair Entitlements Guarantee

COURT: A 'fraud' and a 'sham' in the McCorkell 'phoenix' case

Published: November 22, 2023

A backdated loan agreement.

Source: adnews.com.au

Related Topics:

United StatesWestern AustraliaNorth SydneyNew South WalesScott MccorkellJon TysonMichael HoganLiam BaileyMccorkell GroupAmerican ExpressFederal CourtCorkell GroupPersonal Property SecuritiesDavid Stack

McCorkell founder and wife questioned in court on 'phoenixing' of failed ad agency

Published: November 21, 2023

Candles, loans, a COVID dividend.

Source: adnews.com.au

Related Topics:

North SydneyNew South WalesGeorgina MccorkellMichael HoganGeorgina Georgie MccorkellAndrew WhittinghamObrien PalmerLiam BaileyScott MccorkellElizaveta DushechkinaKaren PowellMccorkell GroupFederal CourtFair Entitlements GuaranteeCorkell GroupO Brien PalmerAustralian TaxDavid StackPersonal Property Securities

McCorkell's home and assets frozen in 'phoenix' ad agency case

Published: August 3, 2023

Liquidator takes action in the Federal Court.

Source: adnews.com.au

Related Topics:

Western AustraliaNorth SydneyNew South WalesScott MccorkellObrien PalmerJohn SalvinoLiam BaileyMichael HoganKaren PowellJustice LeeAndrew WhittinghamHogan SprowlesMccorkell GroupFederal CourtFair Entitlements GuaranteeCorkell GroupO Brien PalmerAustralian Tax