Insolvency Guardian: action against ex-director dropped

Former Insolvency Guardian Melbourne
director Phil Carlei

ORDERS freezing the assets of the former director of Insolvency Guardian Melbourne have been dismissed.

In the Federal Court last week Justice James Edelman ordered that the proceedings brought against Phil Carlei by Insolvency Guardian principal Jarrod Siorecki be dismissed by consent. There were no orders as to costs. Neither Carlei or Siorecki responded to requests for comment.

The orders bring to an end an action that began on February 8 this year when Siorecki made an urgent, ex-parte application before Justice Edelman. 

The following day the judge ordered that assets to the value of $400,000 controlled by Carlei be frozen. Carlei is believed to have been overseas at the time. If the parties have since reached a settlement, you can bet it's confidential.

Further reading: Insolvency Guardian asset freezing action dismissed by consent

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Asset freezing proceedings dismissed by consent

Jarrod Siorecki: Obtained
freezing orders against a
former director. 

Insolvency Guardian managing director Jarrod Siorecki has chosen not to pursue asset freezing orders against the former director of Insolvency Guardian Melbourne.

Siorecki sought an urgent ex-parte hearing before Justice James Edelman late on Monday, February 8, 2016 and was granted freezing orders the following day. But on March 11, the judge ordered the proceedings be dismissed by consent.

Initially Justice Edelman had made orders against Philip Anthony Carlei, formerly Insolvency Guardian Melbourne's director and Zuppa Soup Kitchens Pty Ltd, a company controlled by Carlei, freezing assets to the value of $400,000. 

It should be noted that at the time of the application Carlei had not had an opportunity to respond to Siorecki's allegations, which are outlined in a judgment attached to the orders. 

Carlei's Linked In profile lists his most recent employment as being an area manager for Baker's Delight. There are also references to stints at RSM Bird Cameron and Hall Chadwick but no mention of Insolvency Guardian Melbourne.

Former Insolvency Guardian Melbourne
director Phil Carlei

Nor were the allegations tested. SiN heard from Victorian sources that Carlei was overseas. 

Carlei was a contractor who began working as the sole representative of Insolvency Guardian Melbourne in February, 2014.

In January 2015 he was made a director of Insolvency Guardian Melbourne. From that point he was to be paid 50 per cent of the fees charged by Insolvency Guardian to all clients he introduced to the organisation. Then in mid-December 2015 Carlei told Siorecki that he intended to resign.

The announcement came about a week after Siorecki decided - on December 9 - that Insolvency Guardian Melbourne would cease trading because: "The Melbourne office did not reap the same financial rewards as the Brisbane office".