Halifax Investment Services Pty Ltd (In Liquidation) (the Company)
Morgan Kelly, Stewart McCallum and Phil Quinlan were appointed Administrators of the Company on 23 November 2018 pursuant to Section 436A of the Corporation Act 2001 (Act).
At the second meeting of creditors held on 20 March 2019, creditors resolved that the Company be wound up pursuant to Section 439C(c) of the Corporations Act 2001 and that the Administrators be appointed as Liquidators of the Company.
On 13 May 2019, Stewart McCallum retired as liquidator from Halifax Investment Services.
Update to Investors
The Liquidators have issued a Report to Investors and Creditors and an Estimated Outcome Statement, which provides an update to Investors and creditors on the status of the liquidations of Halifax AU and Halifax NZ and the progress of the proceedings currently before the Federal Court of Australia and the High Court of New Zealand (the Courts) in relation to the distribution of Client Moneys. In addition to this report, the Liquidators have also prepared an Estimated Outcome Statement. These reports are available for download at the following links:
The most recent update to investors is available for download at the following link: Update to Investors – 7 August 2020
To ensure all investors are kept informed, various Court documents, including those listed below, have been made available to investors at the following link: https://home.kpmg/au/en/home/creditors/halifax-nz-limited.html
Copies of the following documents (with certain confidential information redacted from the affidavits and their exhibits in accordance with confidentiality orders made by the NZHC) can be found on the Halifax NZ website (links below):
- • Directions Application
- • Orders of the NZHC
- • Affidavit of Morgan John Kelly affirmed 24 September 2019
- • Exhibits to the affidavit of Morgan John Kelly (Volumes A and C)
- • Affidavit of Ian Phillip Sutherland sworn 24 September 2019 (including exhibits)
The New Zealand High court made Orders on 8 November 2019 requiring the issue of a notice to investors of the Halifax Group. The Liquidators have now issued the following correspondence to Investors of the Halifax Group:
- • Investor Update dated 15 November 2019; and
- • Investor Notice dated 15 November 2019
These documents are available at the following links:
• Investor Update dated 15 November 2019; and
• Investor Notice dated 15 November 2019
Relevant documents
- Orders regarding outcome of funding application
- Voluntary Administrators Report
- Circular to creditors – 17 April 2019
- Update to investors – 6 May 2019
- Investors - FAQ – 14 June 2019
- Statutory Report – 14 June 2019
- Update to Investors and Creditors – 13 June 2019
- Update to Investors – 5 July 2019
- Update to Investors – 31 July 2019
- Update to Investors – 26 August 2019
- Update to Investors – 26 August 2019 (Simplified Chinese)
- Update to Investors – 18 October 2019
- Update to Investors – 15 November 2019
- Directions Application• Minute of Venning J 2 October 2019
- Minute of Venning J 8 October 2019
- Affidavit of Morgan John Kelly affirmed 24 September 2019
- Exhibit to the affidavit of Morgan John Kelly (Volume A)
- Exhibit to the affidavit of Morgan John Kelly (Volume C)
- Affidavit of Ian Phillip Sutherland sworn 24 September 2019 (including exhibits)
- Update to investors – 24 December 2019
- Update to Investors – 28 February 2020
- Update to Investors – 13 March 2020
- Update to Investors – 30 March 2020
- Update to Investors – 12 April 2020
- Update to Investors – 7 August 2020
- Report to Investors and Creditors - 31 August 2020
- Estimated Outcome Statement - 31 August 2020