Gollant, in the matter of ACN 065 229 831 Pty Ltd

The case of Gollant, in the matter of ACN 065 229 831 Pty Ltd involves an application by various parties for the replacement of Mathew Terence Gollant as liquidator and trustee in bankruptcy. Gollant, a director of Rodgers Reidy, resigned from his employment with the firm, along with his positions as liquidator of numerous companies and trustee in bankruptcy of various estates. The application seeks to have other members of Rodgers Reidy, including Neil Stewart McLean and Gary Stephen Fettes, appointed in his place. The application was uncontested by interested parties. The court was required to decide whether to grant leave for the proposed liquidators to be appointed, given that Rodgers Reidy is itself a creditor of the liquidated entities for amounts over $5,000 in respect of liquidation fees incurred while Gollant was appointed. The court found that the application was made in good faith, and that the proposed liquidators were suitable and experienced. The court also found that the resignation of Gollant and the appointment of the proposed liquidators would be in the best interests of creditors and would ensure continuity in the administrations. The court granted the application and made orders appointing the proposed liquidators in place of Gollant.