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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May262015

ASIC Report 433: Overview of licensing and professional registration applications

ASIC has released its first report on its approach to licence applications with a view of helping to inform businesses...
May242015

2015-16 Budget: Good News for Crowdfunding

The 2015-16 budget announcement this week brought welcome news for for entrepreneurs and small business owners. The budget includes  $7.8 million...
May232015

Soccer and Insolvency Part II: Newcastle Jets are landed

The Newcastle Jets, who play in the Australian Hyundai A-League, have been placed into Voluntary Administration by their owner, Nathan...
May222015

ERA Legal protects director’s duties

ERA Legal has successfully fought off an application for a mandatory injunction seeking that company directors: Make particular recommendations to shareholders...
May212015

Amendments to the Corporations Act

The Corporations Act 2001 (the Act) was recently amended by the Corporations Legislation Amendment (Deregulatory and Other Measures) Act 2015...
May202015

Spending a penny in cross-border insolvency…

For modern businesses, multinational operations offer strong opportunities for growth and expansion. However, in the event of insolvency, operating across...
May192015

Sharp increase in Tax Office office debt recovery actions

The Australian Taxation Office has in recent days sharply increased the number of winding-up applications filed in Australian courts. This...
May192015

Enemies at the gate! Resilience in the face of hacking

Earlier this year, ASIC released a report titled “Cyber resilience: Health Check” which sets out a checklist of risks that...
May182015

Can a liquidator of a corporate trustee sell trust assets?

Justice Brereton’s decision in Stansfield DIY Wealth Pty Ltd (in liquidation) [2014] NSWSC 1484 has set a new precedent as...
May132015

Small businesses protected from unfair contract terms

The Federal Government has released an exposure draft of proposed legislation that, if passed, will extend consumer protections against unfair...
May122015

Start-up darling Ninja Blocks slips gracefully into the shadows

After a month of silence, the Australian start-up success story of Ninja Blocks came to an end over the weekend...
May122015

Uncommercial transactions require a close analysis

In circumstances where a single unsecured creditor of a company in liquidation has received a considerable benefit over and above...
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