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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Jan272017

Dealing with it in Victoria too! Introduction of Priority Notices in Victoria

In November of 2016 we reported on the introduction of Priority Notices in New South Wales. On 9 December 2016,...
Jan232017

The danger of a small deposit

It is the norm in New South Wales for a deposit of 10% to be paid on exchange of a...
Jan232017

Increase in Personal Insolvencies rounds out 2016

On 17 January 2017, the Australian Financial Security Authority (AFSA) released its data on personal insolvencies for the three months...
Jan172017

Demolishing tenants’ repair obligations

Tenants should make sure they aren’t caught out having to carry out or make payment in lieu for make good...
Jan092017

Liquidators’ Late Amendment Upheld by Court of Appeal

The decision of the New South Wales Court of Appeal in Sydney Recycling Park Pty Ltd v Cardinal Group Pty...
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...
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