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Dick Smith LIVE: Former Chair Rob Murray Contemplated Sacking Abboud, Potts

Jake Nelson November 5, 2020 No Comments

Former Dick Smith chair Rob Murray has said he had contemplated sacking CEO Nick Abboud and CFO Michael Potts following meetings around overstock issues in November 2015. Murray is currently…

Dick Smith LIVE: Former Myer Chairman Questioned Over Dick Smith Collapse

Jake Nelson November 2, 2020 No Comments

Bill Wavish, a former director of Dick Smith, has been called before the NSW Supreme Court to answer questions about obsolescence provisioning at the collapsed retailer. Wavish had served as…

Dick Smith CEO Threatened To Dump Deloitte Over Questionable Payments

Jake Nelson October 26, 2020 No Comments

Former Dick Smith CEO Nick Abboud has come under heavy fire in the witness box today as barristers put it to him that he was deflecting blame to the collapsed…

Dick Smith, Ongoing Court Case Coverage

Jake Nelson October 26, 2020 No Comments

Former Dick Smith CEO Nick Abboud is back in the dock at the NSW Supreme Court today to continue to answer questions about the retailer’s collapse, with barristers suggesting he…

Dick Smith LIVE: Obsolete Stock The Focus As Nick Abboud Back In Witness Stand

Jake Nelson October 22, 2020 No Comments

Former Dick Smith CEO Nick Abboud is back in the dock for the NSW Supreme Court hearing today, with obsolete stock procedures in the crosshairs. A freeze on items being…

Dick Smith LIVE: Abboud Admits Dick Smith Deferred Payments To Creditors, Paid Dividends Instead

Jake Nelson October 21, 2020 No Comments

Ex Dick Smith CEO Nick Abboud has admitted in court to pushing back payments to suppliers in order to pay dividends in 2015. The NSW Supreme Court hearing saw notes…

Dick Smith: Which Executive Quit In Disgust At Practises & Bags Of Cash From Brands?

David Richards October 16, 2020 No Comments

Former Dick Smith buyers are up in arms after legal Counsel at the NSW Supreme Court hearing suggested that they were out of control back in 2014 when millions of…

Will Harvey Norman Margins Get Squeezed & What Is The Future For Myer?

David Richards October 17, 2018 No Comments

As big US retailer Sears crashes into bankruptcy questions are now being raised in Australia about the future of Myer and whether they will head the same way Sears. questions…

Dick Smith Directors Facing New Claims

David Richards October 20, 2017 No Comments

Former Dick Smith directors and their insurance Companies are facing a second wave of litigation over the $400M collapse of the consumer electronics retailer. Shareholders who were out of pocket…

BREAKING NEWS: Dick Smith Shareholders Sue Nick Aboud & Former CFO

David Richards September 29, 2017 No Comments

It had to happen, disgruntled shareholders who were one minute told that Dick Smith was a retail success story to then lose all their money after the Company went broke…