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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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...
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...
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