On Monday 26 August 2024 the Inspector-General in Bankruptcy applied to the Federal Court seeking to set aside a personal insolvency agreement protecting Gold Coast Lawyer Mr Beau Timothy Hartnett from bankruptcy.
The application is against Mr Hartnett and the trustees for the personal insolvency agreement.
This follows an investigation by the Inspector-General into the circumstances surrounding the agreement and reflects his concern that the terms of the agreement were unreasonable or not in the interests of creditors generally.
The Inspector-General is committed to protecting the integrity of Australia’s personal insolvency system.
Background
- The Inspector-General in Bankruptcy commenced an investigation into the personal insolvency of debtor Beau Timothy John Hartnett in June 2024.
- The Inspector-General took action after becoming aware of concerns regarding Mr Hartnett’s conduct and actions taken in relation to his personal insolvency.
- Beau Timothy John Hartnett is the principal of Hartnett Lawyers, a law firm based on Queensland’s Gold Coast.
