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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Jul172015

Get Rich or Die Tryin’ – 50 Cent left “in da” bankruptcy

Reports in the United States indicate that Curtis James Jackson III, better known as famous Rapper “50 cent”, has filed...
Jul142015

Creditor information sheet on trustees’ fees

The Australian Financial Security Authority (aka AFSA) and the Australian Restructuring, Insolvency and Turnaround Association (aka ARITA) have released an information...
Jul132015

ERA Legal saves administrator from Indonesian volcano

An important reminder that pursuant to s439B of the Corporations Act 2001 (Cth.) (“the Act”) at any meeting convened under...
Jul092015

Any port in a storm – ‘safe harbours’ for directors

The Productivity Commission’s Draft Report in respect of Business Set-Up, Transfer and Closure (‘the Report‘) has recommended amendments to the Corporations Act...
Jul092015

Employee disentitlements

In Perthmetro Pty Ltd, in the matter of Perthmetro Pty Ltd (in liq) [2015] FCA 671 the liquidator of the...
Jul082015

ATO circumvents section 486 protection

Section 486 of the Corporations Act says that a court-appointed liquidator must not allow creditors or shareholders to inspect company books and...
Jul072015

Government funds liquidators to pursue employee entitlements

The Department of Employment has recently announced the “Fair Entitlements Guarantee Recovery Programme”, a Government-funded programme “designed to strengthen recovery...
Jul062015

What to do with $11.8 million in unpresented cheques?

The case of Westnet WA Infrastructure Holdings Limited [2015] NSWSC 658 (Westnet) deals with an unusual situation where a the...
Jul032015

Blockading pirates from digitally plundering our fair shores

Legislation allowing copyright holders to seek a court injunction, forcing internet service providers to block access to overseas websites that...
Jul022015

China – Australia Free Trade Agreement

On 17 June 2015 Australia signed a Free Trade Agreement with the Peoples Republic of China (ChAFTA). Negotiations of the...
Jul022015

Flying High – until you aren’t – the Cape Town convention and PPSR

From 1 September 2015 the Cape Town Convention (The Convention) will come into force in Australia.  The Convention provides a...
Jul012015

LPI fee increase effective 1 July 2015

As of 1 July 2015 the NSW Land and Property Information (LPI) have increased fees for land title related products...
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