Quantcast
au iconAU

 

 

Federal court quashes appeal of director of 18 failed companies

The federal court has dismissed an appeal of the Administrative Appeals Tribunal, affirming ASIC’s decision to disqualify a director of 18 failed companies that ran a deficiency of over $26 million, as estimated by liquidators.

Federal court quashes appeal of director of 18 failed companies
smsfadviser logo
Federal court quashes appeal of director of 18 failed companies

ASIC had disqualified Lubo Zivanovic from managing corporations for three years on 18 February 2016, following his involvement in 18 failed companies that operated in the building and construction industry.

Read the full article at Accountants Daily.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox