Liquidators appointed to Courtenay House

Liquidators appointed to Courtenay House

The Supreme Court of NSW has made orders, by consent, for the winding up of Sydney-based trading firm Courtenay House following an application by ASIC.


Liquidators will be appointed to Sydney-based Courtenay House Capital Trading Group following a successful action by ASIC in the Supreme Court of NSW to have the company wound up.

The Supreme Court order follows separate ASIC-initiated orders by the court on 1 May 2017 to have the assets of the company frozen and a travel ban placed on director Tony Iervasi.

ASIC is conducting an ongoing investigation into the Courtenay House companies, which, according to the regulator, "previously offered returns to investors on capital allegedly invested in foreign exchanges and futures commodities when they were not licensed to do so".

The joint liquidators appointed to the Courtenay House companies are Said Jahani and John McInerney of Grant Thornton.

While ASIC is refusing to comment on the ongoing investigation, the regulator has posted an information page with details of all publicly available information concerning the case on its website.

Read more:

Small-cap opportunities still exist: SSGA

S&P affirms AAA but ‘negative watch’ to stay

BT cuts Asgard cash rate

JP Morgan Australia CEO steps down

Super funds post positive returns in April

 

Liquidators appointed to Courtenay House
investordaily image
ID logo
promoted stories

Appointments

Alexandra Holcomb

Westpac replaces retiring chief risk officer

Jessica Yun

Rohit Mendiratta

KPMG recruits AusSuper manager

Staff Reporter

Justin Nunan

Legg Mason appoints sales director

Staff Reporter

Analysis

investordaily image

The responsibility to act

Tim Stewart

Willis Towers Watson's Rick Body

Chat bots, AI and superannuation

Rick Body

Russel Chesler

How to tell if an ETF stacks up

Russel Chesler