Intelligence

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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Jan092017

Why do companies fail?

On 24 November 2016, the Reserve Bank of Australia (RBA) released a Research Discussion Paper titled Why Do Companies Fail?...
Jan092017

A hit on the Chief Commissioner’s grouping powers

Does a disclaimer signed by a beneficiary of a trust mean that the grouping provisions of the Taxation Administration Act...
Dec192016

PPSR Deadline: New Year, Old Registrations

Back in 2012 when the Personal Property Securities Act 2009 (Cth) (PPSA) came into effect, registrations from certain Commonwealth State and Territory...
Dec192016

LPI Update – Requisition fees

Effective from 1 January 2017 Land and Property Information New South Wales (LPI) will charge fees for any requisitions that...
Dec092016

Bankruptcy Update: When does an insurance claim belong to a Bankrupt?

It is well-established that pursuant to section 60(2) of the Bankruptcy Act 1966 (Cth) (Act) any action which has been commenced...
Dec092016

Access Granted: Liquidators successfully join insurer to unlock funds for creditors

In the High Court’s decision in CGU Insurance Limited v Blakeley [2016] HCA 2 the Court confirmed that a Liquidator...
Nov282016

Liquidators Take Note: ASIC Compliance Drive Continues

The Australian Securities and Investments Commission (ASIC) is continuing its drive to improve compliance amongst liquidators with respect to their...
Nov282016

Dealing with it. NSW Priority Notice Regime Gives Early Warning of Pending Dealings

One of the most recent changes to conveyancing practice in NSW has been the introduction of priority notices in electronic...
Nov182016

But the accountant said we are solvent?

In the case of Universal Consultants Group Pty Ltd [2016] NSWSC 1508, an order was sought that Universal Consultants Group Pty...
Nov162016

Cross-border Insolvency Act and the Model Law

In the recent case of Gladstone (Trustee) v Digrigoli (No 2) [2016] FCA 1220 the Court was asked to consider...
Nov152016

For Whom the Bell Tolls

In Bell Group N.V (in liquidation) v Western Australia [2016] HCA 21, the High Court held that the Bell Group...
Nov122016

ASIC puts the microscope on contractors

Since 2014, ASIC’s surveillance program aimed at eradicating illegal phoenix activity has been broadened to focus on the use of...
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