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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May302016

Starships are meant to fly! Administrators make a case for more time and space

When voluntary administrators are appointed to companies with complex corporate structures or business operations, the time afforded to them by...
May272016

Really wigging out

As we reported in our April piece, Wigging Out, from 1 May all Judges in the Victorian Supreme Court ceased...
May262016

Flying High: The Cape Town Convention and the Personal Property Securities Register

One of the effects of the global financial crisis was that it left participants in the Australian aviation industry searching...
May232016

Be heard: submissions on insolvency law reforms close this week

On 27 May 2016, the window for submissions into the proposals set out in the Federal Government’s proposal paper “Improving...
May232016

The cost of validating an appointment

At the time of taking on new appointments, it is essential that insolvency practitioners properly and carefully consider whether their...
May202016

S477(2B) of the Corporations Act – not an exercise of disciplinary functions

The purpose of s477(2B) of the Corporations Act 2001 (Cth) and the Court’s role was reiterated by his Honour Justice Black in the recent...
May172016

AFSA Releases Statistics for the March Quarter 2016

Recently, the Australian Financial Security Authority (AFSA) released its regional personal insolvency statistics for the March Quarter 2016. The full...
May092016

Fully ASIC: Just and equitable winding up proceedings and the public interest principle

The Australian Securities and Investments Commission (ASIC) has recently brought proceedings against a number of companies involved in land banking...
May092016

A vendor’s duty to notify a purchaser of errors

Following our article concerning the decision of Jaswil Property ATF Jaswil Unit Trust v Barrak Corporation, the purchaser appealed and the Court...
May042016

Protecting Intellectual Property using the Personal Property Security Register

Intellectual property (IP) rights have become a highly sought after form of security for financiers in recent years. However, the...
Apr292016

Pool Rules

Today, 29 April 2016, new disclosure requirements in relation to the sale or lease of a property with a swimming...
Apr292016

Accountants as potential accomplices in underpayment

The Fair Work Ombudsman has commenced proceedings in the Federal Circuit of Australia against accounting firm EZY Accounting 123 alleging...
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