News (7)

  • Packer vows to continue One.Tel fight

    James Packer has indicated he wants to continue the fight over the collapse of One.Tel, maintaining he was "profoundly misled" about the financial position of the company.

  • One.Tel ruling opens Murdoch/Packer door

    A landmark court ruling over the One.Tel collapse has brought its special purpose liquidator closer in his pursuit of Lachlan Murdoch and James Packer on behalf of creditors.

  • Suleman faces the music over Froggy

    Karl Suleman has finally been forced to face fraud charges stemming from the AU$60 million investment scam based around KSE and the Froggy group of companies.

  • Suleman banned for life

    The Supreme Court today banned failed entrepreneur Karl Suleman from ever managing a corporation, five months after ASIC won a ruling to freeze his assets and prevent him from operating the Karl Suleman Enterprises (KSE) and the Froggy group of companies.

  • Froggy begs creditors: 'Please don't sell us'

    In an attempt to avert the forced sale of Froggy ISP and Froggy Mobiles, John Karasmanis, the man charged with making Froggy profitable, has presented the liquidators with a -business plan" which is understood to include a -compromise of debt".

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Features and Case Studies (1)

  • One.Tel's final reckoning

    One.Tel backers James Packer and Lachlan Murdoch are unlikely to be tracking the latest career move by insolvency expert Paul Weston, but they know who he is and must dread what he is about to do. Thought the One.Tel legal action was over? Think again.

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