Articles
Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis
Sep092015
Consider the alternatives to bankruptcy – personal insolvency declines
Personal insolvency statistics released by the Australian Financial Security Authority indicate that the number of bankruptcies and other formal personal insolvency arrangements are...
Sep082015
Better safe than sorry – seek advice when in financial difficulty
The recent decision of the Federal Court of Australia in Smith v Boné, in the matter of ACN 002 864 002...
Sep072015
Binding Non-Parties to Court Orders
What is a liquidator to do in circumstances where a company in liquidation is ostensibly bound by a court order...
Sep042015
The retrospective corrective
The Federal Court was recently faced with an application for leave for a company to be wound up voluntarily in...
Sep042015
Five things to consider before signing a contract
In both the business and personal world, contracts govern the relationship between parties to a transactions. When considering entering into...
Sep022015
Just plain old ordinary language
Recently in Wong v McDonald [2015] FCCA 2120 the Federal Circuit Court of Australia affirmed that although guarantees are instruments to be...
Aug312015
Insolvency Practitioner Compliance Program Released
The Australian Financial Security Authority (AFSA) has now released its 2015-16 Insolvency Practitioner Compliance Program. Whilst the program is not...
Aug282015
Prejudice and disclaimers
In the decision of Steinhardt v Trenfield & Park as liquidators of Wealth Base South Coolum Pty Ltd (in liq)...
Aug282015
ASIC proposes liquidators fund their own regulation
The Assistant Treasurer has released a Consultation Paper today which proposes a “user pays” model for ASIC, including provision for liquidators...
Aug262015
When a technical defect is not defective enough
In In the matter of Leasing Holdings Pty Limited (formerly Charlie Lovett Pty Limited), a landlord served a Creditor’s Statutory Demand...
Aug242015
The court’s discretion in appointing a special purpose liquidator
The Supreme Court of New South Wales has recently clarified the circumstances in which it will be appropriate for the...
Aug212015
Clash of the Codes resolved off the pitch
The dispute between Brisbane Roar Soccer Club and Queensland Rugby has reportedly been resolved outside the Court room. As reported...
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