Articles

Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis

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Jun302016

Directors beware: Always maintain your books and records accurately

The Supreme Court of Victoria recently handed down its judgement in ACN 103 220 766 Pty Ltd (Formerly ispONE Pty Ltd)...
Jun282016

Seek and you shall find: Pro Tips for an Effective PPSR Search

The Personal Property Securities Register (PPSR) has changed the way business is done in Australia.  To a large extent, it...
Jun272016

How do liquidators admit evidence of business records?

Business records are frequently used as evidence by litigants in proceedings however, a business record is a form of hearsay, and...
Jun202016

The PPSA means business! Just not on Wednesdays…

To ensure compliance with the provisions of the  Personal Property Securities Act 2009 (Cth.) (the PPSA), certain steps must often be...
Jun172016

Appointing an administrator with a genuine belief as insolvency

In Australian Securities and Investments Commission v Sino Australian Oil and Gas Limited (prov liq apptd) [2016] FCA 42 (ASIC v...
Jun152016

New withholding requirements for purchasing property

From 1 July 2016 a purchaser of Australian land or an interest in Australian land valued at $2,000,000 or more...
Jun102016

Riveting reading: ASIC’s annual report on the supervision of registered liquidators

On 8 June 2016, ASIC released its fifth annual report for 2015 into the supervision of registered liquidators in Australia....
Jun082016

The sale of a company for “market” or “fair” value, is In Re Dell a dangerous decision?

The Delaware Court of Chancery recently over-ruled the market in determining that the board of Dell Inc. sold the company...
Jun072016

Administrators vindicated in exercising commercial judgment

ERA Legal has successfully protected the subsequent purchasers of intellectual property acquired from the administrators of a company, in proceedings...
Jun062016

You may be liable for more than the credit limit!

Directors should beware, the credit limit you nominate on a trade application does not necessarily limit what you’re liable for...
Jun022016

Residents prevail over Council’s staunch refusal

ERA Legal has successfully represented the owners of a property in a matter against the Northern Beaches Council (previously Pittwater Council)...
Jun012016

Are ASIC making corporate governance easier?

Accountants, liquidators and company directors should be aware of ASIC’s new corporate governance resource.  The new website resource aims to assist...
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