A sig­nif­i­cant mile­stone in one of Australia’s most high-pro­file insol­ven­cy matters.

Michael Hayter and Kel­lie Van Mun­ster are proud to have sup­port­ed Bruce Glee­son and Daniel Soire through­out the receiver­ship of Melis­sa Caddick’s prop­er­ty and the liq­ui­da­tion of Maliv­er Pty Lim­it­ed, cul­mi­nat­ing in the Fed­er­al Court orders made today bring­ing the receiver­ship to a close.

Over almost six years, this high­ly com­plex and heav­i­ly lit­i­gat­ed mat­ter required unwa­ver­ing focus, col­lab­o­ra­tion and deter­mi­na­tion to deliv­er mean­ing­ful out­comes for investors. The recov­ery and dis­tri­b­u­tion of close to 40 cents in the dol­lar is a com­mend­able achieve­ment and reflects the tire­less work of the receivers, their advis­ers and the many pro­fes­sion­als involved.

We con­grat­u­late Bruce and Daniel on reach­ing this impor­tant mile­stone and thank all investors and stake­hold­ers for their patience and coop­er­a­tion through­out the process.

This mat­ter high­lights both the impor­tance of investor vig­i­lance and the crit­i­cal role of insol­ven­cy and legal pro­fes­sion­als in pur­su­ing asset recov­ery and account­abil­i­ty in cas­es of invest­ment fraud.