The founder of the collpased Equititrust Gold Coast funds manager, Mark McIvor, is facing a bankrupcy application.
David Tucker and legal practice partner Richard Cowen from Tucker and Cowen Solicitors have lodged a creditor's petition with the Queensland Supreme Court after the parties were unable to agree on payment for legal costs.
Tucker was McIvor's personal lawyer for more than a decade and provided services for Equititrust for many years through his firm, Tucker and Cowen Solicitors.
Tucker yesterday declined to comment to the Gold Coast Bulletin on the recent court petition, but McIvor said he would fight to have the document set aside.
The action was being taken because of the bad blood that existed between Tucker and himself, he suggested.