In State of Victoria v Goulburn Administration Services (In Liquidation) & Ors [2016] VSC 654, the Victoria Supreme Court appointed two partners of Ernst & Young (EY) as special purpose liquidators (SPLs) of two companies, despite EY's involvement in carrying out contractual compliance audits before those companies went into liquidation.
Australia, Victoria, Insolvency & Restructuring, Litigation, Buddle Findlay, Conflict of interest, Audit, Liquidation, Corporations Act 2001 (Australia)