Articles tagged with 'Korda-Mentha'

Timbercorp creditors vote to wind up 41 companies

30 June 2009 | Administrator Korda Mentha said it was not in creditors' interest to cease the administration and return the group back to the directors.


New RE for Timbercorp managed investment schemes

25 June 2009 | Huntley Management has been appointed the new responsible entity for Timbercorp's avocado and mango schemes in what is a small victory for the advisers and investors who voted for change.


Timbercorp growers press ASIC on RE

23 June 2009 | A lobby group representing Timbercrop growers has signalled it will press ASIC to replace Korda Mentha with an independent Responsible Entity.


Timbercorp administrators recommend wind-up

19 June 2009 | Timbercorp administrators Korda Mentha is recommending the group be wound up because it is insolvent.


Numbers growing in bid to change Timbercorp RE

19 June 2009 | A group called AAGRI says it has attracted the backing of 9,000 Timbercorp investors to change the responsible entity of the agribusiness, a number the group said will allow it to call a meeting for change to take place.


New advisers emerge for remaining Storm Financial clients

10 June 2009 | Financial Index Australia acquires rights to service remaining 4,000 clients of Storm Financial.


Timbercorp outlook bleak, say administrators

25 May 2009 | The Timbercorp administrators have painted a bleak outlook for investors in the company's agribusiness schemes.


Timbercorp creditors get bad news

6 May 2009 | Korda Mentha delivers bad news to investors in one of Timbercorp Securities' last managed investment schemes.


Storm Financial offshoot to be wound up in Federal Court

23 April 2009 | Storm Financial and its former offshoot, Victorian Families Retirement and Investment Group, will meet in court in Brisbane today in what is believed to be the formal end of Victorian Families.


End of the road for Storm Financial's southern associate

19 March 2009 | Storm's Geelong-based offshoot – Victorian Families – has been placed in provisional liquidation by the group’s administrators. But there are concerns its former clients, who had more than $40 million of funds with the group, may look to file complaints.


Storm Financial planning subsidiary in spotlight

19 March 2009 | One of the financial planning offshoots of Storm Financial, Victorian Families, may soon be placed in liquidation, while there are concerns there may be claims made against the group from former clients.


The companies who pay Storm Financial

18 March 2009 | Details regarding the circumstances of the former clients of Storm Financial have emerged in the business profile created by business brokers Kenyon Prendeville.


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