Following a further application made by ASIC, the Federal Court of Australia has made orders appointing Mr Vince Smith, a Perth partner of Ernst & Young as liquidator of the following companies:
- Oceanic Asset Management Pty Ltd (OAM)
- Oceanic Equities Pty Ltd
- Australian Global Capital Pty Ltd
- Mulato Management Services Pty Ltd
- Mulato Nominees Pty Ltd
- Ridgeway House Pty Ltd
Mr Smith was appointed by the Court as Provisional Liquidator of OAM and its associated entities in August 2015, after an application by ASIC (refer: 15-226MR). Mr Smith has been investigating the affairs of the companies and has recommended that there are grounds for the companies to be wound up.
ASIC was also successful in obtaining an order appointing Mr Kimberley Wallman of HLB Mann Judd as Trustee of the deceased estate of Mrs Jeanette Jones. Mr Wallman was appointed in August as Trustee of the estate of Mr David Jones. The estates of Mr and Mrs Jones include their residential property located in the Perth suburb of Como.
ASIC's investigation into the affairs of OAM and associated entities is continuing.