Jul 13, 2026 – 10.09amA prominent insolvency practitioner who allegedly charged excessive fees and had a secret interest in an allegedly predatory lender has been hit with an indefinite injunction against selling a debtor’s assets, with potential ramifications for other receivership appointments.Federal Court Justice Michael Feutrill held there was a serious question to be tried over allegations that Blackbird Private Equity acted in bad faith when appointing Hall Chadwick managing partner Richard Albarran as receiver over a $1 million loan to tourist charter business Kimberley Pearl.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Insolvency boss hit with injunction over bad faith claims
A Federal Court judge said there were serious questions to be tried over prominent practitioner Richard Albarran, who allegedly had a secret interest in a predatory lender.
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