Articles
Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis
Feb122016
Sorry I’m late: missing the deadline for calling a creditor’s meeting
When a debtor proposes a Personal Insolvency Agreement (PIA), the controlling trustee of the debtor’s property is required, under ss. 190...
Feb112016
Turbulent times for lessors as liquidators enjoy windy windfall
In a decision handed down today, the Supreme Court of New South Wales found that GE’s proprietary interest in assets worth in the...
Jan252016
Coming back from the brink | Supreme Court provides guidance on the evidence required to terminate a winding up
In two recent decisions of the Supreme Court of New South Wales, In the matter of Westside Sugar Cane Juicery...
Jan182016
Resolution Revolution: A useful way to assist the Court in determining an application to extend a convening period
It is a common misconception that the Corporations Act 2001 (Cth) operates so that only two resolutions may be put...
Jan142016
Privacy – Dangerous Territory
Warning Insolvency practitioners may be unwittingly exposing themselves and their colleagues to fines of up to $1,700,000. That got your...
Jan112016
High Court rules on Liquidators’ obligations to retain sale proceeds for anticipated capital gains tax assessments
In recent times, there has been much conjecture surrounding whether liquidators and receivers are obliged to retain monies received from...
Jan042016
SA Supreme Court provides helpful guidance on Liquidators’ Remuneration and the issue of Proportionality
In the recent decision of Macks & Anor v Maka & Anor [2015] SASC 200 (Macks) the Supreme Court of...
Dec072015
Surviving the silly season. The quirks of appointing an administrator close to Christmas
Following their appointment, a voluntary administrator has a limited time within which to prepare their report to creditors pursuant to...
Dec072015
One-year bankruptcies among new insolvency reforms
The Federal Government has today announced a package of insolvency law reforms which will include: a default bankruptcy duration of one...
Nov252015
AFSA Video: Referring Offences
The Australian Financial Services Authority has released a video podcast to help insolvency practitioners meet their obligations to refer possible...
Nov242015
Setting aside a winding up order
It is commonly presumed that an order to wind up a company is an order set in stone and that...
Nov232015
Is it defamatory to call a lawyer “Dennis Denuto”?
in Smith v Lucht, the Queensland District Court has decided that comparing a lawyer to “Dennis Denuto” of The Castle...
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