JOHNSTON, William John & Elizabeth Margaret (Bankrupt Estate of)

Trading names
J & E Transport
Contact Person
Trustee
Kim Wallman Rob Wallman
Date of Appointment
5 March 2010
PH: (08) 9215 7951
Type of Appointment
Bankruptcy
Email: rwallman@hlbinsol.com.au
Bankruptcy Number
WA 118 of 2010/3
Background Information

The Debtor’s financial difficulties arose following the loss of cartage work from clients of J & E Transport. The subsequent reduction of income, along with the continuing ongoing repayments for leased equipment, resulted in a number of vehicles being repossessed.

Dividend Status

Prospect of a small dividend.

Outcome of Creditors Meeting

A PIA which was put to Creditors on 26 February 2010 was rejected – the Debtors subsequently filed for Bankruptcy.

Past Trustee Actions

Prepare and circulate report to Creditors re PIA – 12 February 2010

Circulation of Interim report to Creditors – 1 June 2010

Outstanding Trustee Actions

Investigating undervalued transactions which took place in March 2009.

Report to Creditors.

Distribution of dividend if funds available.

Documents available for Download

Proof of Debt form (pdf)

Creditors Correspondence

Notice of Appointment of Trustee – 6 March 2010 (pdf)

Interim Report to Creditors – 1 June 2010 (pdf)

Request for Remuneration Approval – 18 June 2010 (pdf)

Minutes of Meetings
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