Westwood Capital Pty Ltd is in liquidation.

On 12 August the Supreme Court of New South Wales made a winding-up order against Westwood Capital Pty Ltd, ACN 169 490 653, and appointed Philip Campbell-Wilson and Lisa Gibb liquidators. ASIC published the order on 14 August.

It ended a voluntary administration that had lasted eight days. Westwood entered administration on 4 August, when the company appointed Domenic Calabretta and Grahame Ward under section 436A. Their first meeting of creditors had been scheduled for 14 August. The court wound the company up two days before it was due.

Three weeks before the order, the NSW Court of Appeal dismissed Westwood's appeal against orders arising from a failed $100 million Punchbowl property transaction, which left Westwood and the man who controlled the purchaser jointly and severally liable for $5,590,548.58 plus costs.

The liquidator who obtained those orders had already applied to wind Westwood up.

On 6 May, Christopher Damien Darin, in his capacity as liquidator of Portman Securities Pty Ltd, commenced a winding-up application against Westwood. ASIC published it on 18 May.

He was already pursuing Westwood over Portman's failed purchase of the Punchbowl land. Portman had contracted in March 2020 to buy it from Westwood for $100 million. Of a $10 million deposit it paid just over $5 million, failed to pay the balance, and Westwood terminated.

Portman was wound up, and its liquidator challenged the transaction. In November 2025 Justice Black found the contract an uncommercial and voidable transaction, and found the $100 million price was more than twice the then market value of the property. Final orders on 25 November required Westwood and Mario Pamboris, who controlled Portman, to pay $5 million plus $590,548.58 in pre-judgment interest, jointly and severally, together with costs.

Westwood appealed. On 21 July 2026 the Court of Appeal dismissed the appeal and ordered Westwood to pay the respondents' costs.

The published application does not identify the debt relied upon, and the records reviewed do not establish that the $5.59 million liability was that debt, nor that Mr Darin's application produced the 12 August order. What the record does establish is that the liquidator who obtained the repayment orders was also the applicant in a winding-up proceeding against Westwood before its appeal was decided.

The possibility had been before the Supreme Court months earlier. Westwood sought a stay of the November orders while it appealed, and on 4 March 2026 Justice Black refused it.

Evidence before the court included an affidavit from director Bill Gertos stating that Westwood was the registered proprietor of the Punchbowl property and that two mortgages were registered over it. The judgment also records a $21.5 million facility with La Trobe Financial Services on a five-year term. Westwood's submissions addressed the consequences an insolvency presumption and winding-up proceedings could have under that financing, including the risk of enforcement.

The stay was refused with costs. Two months later the Portman liquidator commenced the winding-up application.

That does not establish that the judgment debt caused the liquidation. It does establish that the risk was argued in open court months before Westwood entered administration.

The Portman dispute connects to older proceedings involving The Croatian Club Limited. The connection is the land.

In late December 2014 Westwood took a call option from the Club to acquire the Punchbowl property for $26 million, for a fee of $2.6 million. The judgments differ on whether the deed was dated 24 or 29 December 2014. It was amended in 2017 and 2018.

Then, on 26 March 2020, Westwood contracted to sell that property to Portman for $100 million. Westwood did not become the registered proprietor until 13 August 2021, about 17 months after signing the sale contract. Justice Black observed that it seemed likely, as Westwood's own counsel submitted, that the option allowed it to acquire the property at a lower price when it ultimately did so, well after it had contracted to sell it to Portman.

The Club lodged a caveat the same day Westwood took title. It later lapsed, and litigation followed over the Club's ability to lodge another. In July 2024 the Supreme Court granted leave, and a further judgment ordered Westwood to pay the Club's costs. Westwood's appeal against a costs assessment from that litigation was dismissed on 18 May 2026.

The corporate register also records The Croatian Club Australia Pty Ltd as one of Westwood's former names. The significance is not the name. It is that the Club was the counterparty through which Westwood obtained the interest at the centre of the Portman litigation.

The Punchbowl property is not just a historical litigation asset.

Canterbury-Bankstown Council's current planning material identifies Westwood Capital Pty Ltd as the owner of 921 Punchbowl Road, Lot 6 DP 5245, inside the former Club Punchbowl site. A proposal for that site is on public exhibition from 15 July to 25 August, contemplating approximately 375 dwellings, about 2,600 square metres of commercial and retail space, a registered club, parking and open space. Council's schedule identifies other parcels as belonging to The Croatian Club Limited and to other owners.

Westwood's parcel is 3,870 square metres of a site of about 20,462, roughly a fifth. The controls contemplate consolidation before construction.

Nor is this the first attempt. Justice Black records that Westwood submitted a proposal to rezone the property in July 2017, and that a Gateway Determination followed in May 2018 conditional on Council finalising amendments within nine months, which did not occur. Council's own history records that proposal and its withdrawal. So the rezoning has been pursued for nine years, failed once, and is live again.

The timing is worth setting out. The proposal went on exhibition on 15 July, Westwood lost its appeal on 21 July, entered administration on 4 August and was wound up on 12 August. Submissions close on 25 August. These are separate legal and planning processes, and the record reviewed does not establish that one caused or affected another.

Westwood was not a new name on the register. A winding-up application was published in May and an administration notice on 6 August. What changed on 12 August was its status: an eight-day administration ended and the Supreme Court placed the company into liquidation.

That transition lands against an unusually detailed record. Westwood had just lost an appeal over $5.59 million plus costs, the Portman liquidator had already commenced winding-up proceedings, and earlier in the year it had failed to stay enforcement while raising what those proceedings would do to its financing. The property at the centre of that history remains part of a proposal before the public.

What remains unknown matters as much. The records reviewed do not establish which debt was relied upon in the May application, whether that application produced the 12 August order, why Westwood entered administration on 4 August, the balances secured by its mortgages, its asset and creditor position, or what effect the liquidation will have on the Punchbowl proposal. Those questions now pass to the liquidation.

Nothing reviewed suggests any failing by The Croatian Club Limited, which won the judgments it brought.

Sources. ASIC published notices for the winding-up order, the administration and the winding-up application. Court material from [2025] NSWSC 1338, [2026] NSWSC 208, [2026] NSWCA 59, [2026] NSWCA 141, [2024] NSWSC 895 and [2026] NSWSC 534. Site, ownership and lot details, the consolidation control and the earlier proposal's history are from Canterbury-Bankstown Council's Club Punchbowl planning proposal, on exhibition to 25 August 2026. Former names are from the ASIC registers.

ASIC published notices concerning 107 entities on 14 August:

A winding-up application asks a court for an order; it does not mean a company has been wound up. A members' voluntary liquidation is ordinarily a solvent process.

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Five notices published on 14 August name five companies, and every one carries the word Yuki. Yuki House Group Pty Ltd, ACN 640 809 810, entered creditors' voluntary liquidation on 14 August, and four store companies the day before: Yuki Boutique (Sydney), (QV), (Chadstone) and (The Glen). Roberto Crispino is liquidator of all five.

The brand names sit on one of them. Yuki House Group holds ACME DE LA VIE, ADLV and YUKI HOUSE against its ABN, and was formerly LY Investment Australia Pty Ltd. A customer with a receipt or a landlord with a lease may know ADLV, or the centre. Neither is a name on a notice.

Four further companies carry the same naming, are registered, and have no insolvency notice in this publication's records: Yuki Boutique (Chatswood) Pty Ltd, ACN 656 101 030, Yuki House (MC) Pty Ltd, ACN 646 054 775, Yuki House (The Glen) Pty Ltd, ACN 645 465 201, and Yuki House Management Pty Ltd, ACN 649 267 890. Two carry the words "The Glen" and only one is in liquidation.

The register carried 55 newly published distress entries. Companies carrying a former or trading name are listed first.

52 further companies appear on the register for this day: see the full day.

Registered spellings are preserved exactly. The complete resolved name set ships as the Ledger File.

These are applications, not findings of insolvency. Hearing details are from the notices and may change.

13 applications appear on the register for this day: see the full day.

ASIC published notices concerning 107 entities on 14 August. Westwood is the one you came for. The register carries the other 106, and a new set every weekday morning, each resolved to the legal, former and trading names your ledger actually holds. Get the next one free.