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Best thread ever. Thanks for the update. If the order is against them as a company why not issue a statutory demand if you are above the threshold (over 2k I think). Let the appeal period run on your original judgement first though. As part of enforcement proceedings- here in Qld anyway you can...

There's nothing sinister about it and allows you to cut loose the errant entity endangering economic equilibrium. Your accountant is most likely right if you are in a business with a risk profile. Compartmentalize the risk with the added bonus of flexibility - you can sell parts off. Downside=...

Old litigation trick that one. Always keep em guessing. Thanks for the post- it is nice to hear the other side of the spruiker coin. Well Dave- Dazz would refer to this as the Tall Poppy syndrome. You're just jealous because you've got no dissatisfied customers or a Bentley. Tell you what...

Apologies- I'm not sure DaveM is a lawyer and he may be offended if you called him that. I meant to say I feel he has Nathan's personality pegged.

Thanks for sharing that. I'm a lawyer. If I take money out of my trust account for the wrong purposes I get prosecuted. Here in Qld bonds are held by a Government body so none of this crapola happens. Your lawyer will need to consider these issues. DaveM seems to have a good handle on matters...

Leave my chubby typing fingers out of it.

If I ran my law business like that I would be struck off. I would liked to have heard the other side of the story (if there is one) but I expect thst we won't be- at least on this forum.

If it is I'm surprised Nathan hasn't popped in to explain/reassure those investors in need of guidance.