Search results

What I find interesting with the presented case is that the bankrupt married his current wife after his company collapsed several years ago. Surely this must mean that all the assets he has passed to his wife and the millions that he owes her must be subject to clawback provisions?

Transferring assets to a spouse seems to be the surefire asset protection strategy of many a fallen Aussie entrepeneur. http://www.couriermail.com.au/news/former-childcare-mogul-eddie-groves-claims-to-have-3879-in-the-bank-after-being-bankrupted/story-e6freon6-1226578261275 Can the...