Wednesday, 18 June 2025
Description
Attend and earn 0.5 CPD unit in Substantive Law
This program is applicable to practitioners from all States & Territories
Chair
David McCrostie, Partner, Turks
Antecedent Transactions: What are They and What Liquidators Look For
- What are voidable transactions and what do Liquidators look for
- Unfair preferences
- Uncommercial transactions
- Unreasonable director-related transactions
- Uncommercial transactions etc
Presented by Kim Wallman, Partner, HLB Mann Judd Insolvency WA
Presenters

David McCrostie, Partner, Turks
David joined Turks as an undergraduate in 1991. Throughout his time at Turks, David has acted for secured and unsecured creditors exercising their rights in situations of distressed exposures and upon the insolvency of borrowers and debtors. David is the current head of Turks’ Banking Practice Group and continues to act for the firm's corporate and government lender clients on a broad range of matters that arise on both performing and non-performing facilities throughout the entire life-cycle of a loan. Given his long experience and expertise in insolvency, David continues to conduct and supervise litigation and projects in the firm's Commercial Practice Group particularly on instructions from liquidators, voluntary administrators and both private bankruptcy trustees and the Official Receiver. In 2006, David was appointed a member of the Law Council of Australia's specialist Insolvency and Reconstruction Law Committee. The Law Council's Committee consists of legal practitioners with specialised legal knowledge and experience in insolvency that provides guidance to the Law Council in its dealings with State and Federal Governments when relevant issues emerge. Articles David has written appear in the Insolvency Law Bulletin and he has been an instructor on the post-graduate Advanced Insolvency Program run jointly (then) by the University of Southern Queensland and the Insolvency Practitioners' Association of Australia (now ARITA). He is frequently involved in the organisation, preparation and delivery of both internal and external seminars.
Kim Wallman, Partner, HLB Mann Judd Insolvency WA
Kim Wallman is the principal of HLB Mann Judd Insolvency WA. Prior to establishing his practice in 1995, Kim was an insolvency Partner at Ernst & Young. Since being in public practice Kim has specialised in insolvency and reconstruction involving all types of personal and corporate administrations. Kim’s 35 years of experience have embraced a wide range of industries. In many cases, by necessity Kim has undertaken the tasks of restructuring companies whilst trading on, including implementation of day to day management controls and reporting systems to ensure the Administrator’s policies are being adhered to. Additionally, Kim is recognised for his ability to negotiate settlements in complex and difficult circumstances including the liaison with financiers, creditors, Government institutions and taxation authorities, to maximise the return to all stakeholders. As the Appointee, Kim is ‘hands on’ in each administration and creditors, directors and other stakeholders can speak with him at any time during the course of an insolvency administration. Kim maintains his strong reputation through building trust, providing fair and expert advice and always maintaining an empathetic, compassionate mindset.