The Federal Court has indicated that liquidator Andrew Leonard Dunner should be prohibited from being registered as a liquidator for 5 years following an inquiry into his conduct as liquidator or receiver and manager of 11 companies. Justice Middleton found Mr Dunner had failed to adequately investigate the circumstances and affairs of companies to which he was appointed and had inaccurately reported to ASIC and creditors. Mr Dunner remuneration in excess of $600,000 without appropriate approval or adequate supporting documentation. The Court found his conduct indicated “a systemic failure of administration and internal protocols, as well as extremely poor professional judgment.”