--- In otmushrooms@..., nick4mony <no_reply@...> wrote:
>
> One of the issues apparant at the second creditors' meetings (which
> didn't really land in the minutes) is the lack of independence of one
> of the Administrators, being Rod Sutherland.

One of the points frequently raised at the Senate Enquiry a few years
ago: how Insolvency Practitioners are chosen (most often by the
company's directors).

Several submissions argued for a round-robin or random allocation of
I.P. professionals to cases (eg chosen by ASIC). Now I think of it,
perhaps a "panel of 3" could be appointed, with the first meeting used
by creditors to vote one of them in. Entirely workable in today's
society.

Nick.