Obituary for Justin Toebes
It is with sadness that the Board of RITANZ writes concerning the passing of Life Member and Fellow, Justin Toebes.
A practicing lawyer since 1978, Justin commenced his professional life in Taranaki, before moving to Wellington to join the partnership Rainey Collins. In 1989 he became a partner at Buddle Findlay, where he remained for more than 20 years. During that time he was a Board member, and the national head of the firm’s litigation and insolvency law practices. In 2010, Justin left Buddle Findlay to set up his own law firm, JT Law, where he practised until ill health forced him close down the firm in 2016.
Throughout his legal career, Justin specialised in insolvency law, credit recoveries, re-structuring and re-financing, and banking law. He was a trusted advisor to nearly all of the trading banks, as well as New Zealand’s leading insolvency practitioners. Justin had a unique personal style, founded upon a tremendous capacity for hard work and a ferocious intellect. At the same time, he was a generous colleague and mentor, who was always willing to share his knowledge and expertise in the world of insolvency with others around him. The list of people and organisations who have benefited from Justin’s generosity of spirit and wise counsel is vast, and he leaves behind a lasting professional legacy.
In 2015, Justin was made a Fellow of RITANZ, and in 2016 he was made a Member of the New Zealand Order of Merit for services to basketball.
Justin passed away on 15 August 2018, after a long and courageous battle with Motor Neuron Disease. He is survived by his partner Ayliffe, and children Finn and Olivia. A true giant in the insolvency community in Wellington has passed, and will be sadly missed.
RITANZ is the professional body for insolvency practitioners and for those working in the field of business reconstruction and turnaround, and corporate and personal insolvency in New Zealand.
The organisation is affiliated with INSOL International, a worldwide federation of national associations for accountants and lawyers who specialize in turnaround and insolvency.
RITANZ has branches in Auckland, Christchurch and Wellington, and is run by an elected Board of volunteers, who work in or alongside the profession. Read more about us here.
Important Notice from IRD
Following the incorporation of GST into the new Inland Revenue computer system START, Inland Revenue has a new process for dealing with GST and refunds. Some insolvency practitioners have been confused by aspects of the new process, and in particular by requests from Inland Revenue staff for an IRD number for the account into which the refunds are to be paid.
Inland Revenue wish to make it clear to insolvency practitioners that the IRD number is required as part of the verification process in START and not for any type of audit or compliance activity.
The Annual Corporate Insolvency and Restructuring Conference is the premier professional development event for the New Zealand restructuring and insolvency market and will be held at SkyCity in 2018. Our conference programme is designed to keep insolvency professionals up to date with latest case law and insolvency practices, as well as keeping attendees informed and abreast of the state of the economy and industry. Our regular Networking Events are free to members and provide opportunities for Continuous Professional Development throughout the year.
See our Events page for more details.
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