Intelligence
Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis
May292017
Terminating a winding up: The need for unqualified evidence as to solvency
In the recent decision of Deputy Commissioner of Taxation v Project Tiling Group Pty Limited [2017] FCA 208, the Federal...
May152017
Director Convicted for Falsifying Company Books
For obvious reasons, the concealment, destruction, mutilation or falsification of a company’s books is capable of being an offence under...
May152017
Exercising options – A pixie is not a clown
An option is a term within a contract that gives one party (the Grantee) the option to exercise a right granted by...
May122017
Amendment to PPS Lease definition
The Personal Property Securities Amendment (PPS Leases) Bill 2017 was passed by Parliament on 11 May 2017 and will become...
May012017
Director Cleans Bank Account
Following an investigation by the Australian Securities and Investments Commission (ASIC), the NSW DPP recently obtained a conviction against the...
Apr102017
Discretionary Trusts: Can they be trusted?
It has long been understood that a bankrupt’s potential interest in assets of a discretionary trust (arising by virtue of...
Apr102017
PPSA Tip #7: Licence or Plate
Justice Black of the NSW Supreme Court has given lawyers some commercial drafting tips as well as important guidance to...
Apr032017
Last Minute Offers of Compromise: When will the Court grant leave to withdraw?
In the recent decision of Project Gas Services Pty Ltd v Leaseplus Operations Pty Ltd [2017] VSCA 55 (Project Gas Services)...
Apr032017
Shareholders and the right to inspect company books
The holders of shares in a company do not generally have an automatic right of access to the company’s books...
Mar132017
Give me one good reason! Setting aside a Statutory Demand and section 459J
In the recent Supreme Court of New South Wales decision of PostNet Australia Pty Ltd [2017] NSWSC 160, PostNet Australia Pty...
Mar132017
Palmer Drama
On 8 February 2017 the High Court of Australia delivered its judgment in the matter of Clive Frederick Palmer v...
Mar062017
PPSR Update: Serial Numbered Property
If a party provides, as security, collateral that is serial numbered (for example, a motor vehicle) the Personal Property Securities...
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