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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Aug122016

Pre-Insolvency advisors are the PITS

In news ERA Legal welcomes strongly, The Australian newspaper today reported that the ATO and ASIC have raided 13 properties in...
Aug122016

Pre-insolvency hacks – trauma for all involved

ERA Legal has long championed the need for caution when dealing with unlicensed, unregistered and unregulated pre-insolvency advisors. Let’s call...
Aug082016

ANZ wins penalty shoot out in the High Court

Two years ago we reported on the Federal Court decision of Paciocco v ANZ which found that late fees charged by ANZ were constituted...
Aug082016

White Knight ASIC Liquidates Companies to give employees a FEG Go!

Not infrequently, directors abandon insolvent companies in circumstances where that company may owe a significant amount to its employees by...
Aug072016

“See Something, Say Something” says the ATO

In a recent press release, the ATO has asked employees of corporations to be on the look out for the...
Aug012016

Going postal: New attempt to defend DPN proceedings

In the recent Supreme Court of New South Wales case of Deputy Commissioner of Taxation v Fitzgerald, the Deputy Commissioner of...
Aug012016

Reliance on documents signed by companies: When can you assume?

The decision of the Supreme Court of New South Wales in Australia and New Zealand Banking Group Limited v Adventure Quest...
Jul262016

Property Update: Land Tax Certificates

Vendors who have entered into a contract for sale of land in New South Wales on or after 1 July...
Jul252016

ERA Legal saves the environment

On 20 July 2016, ERA Legal made an application on behalf of the Administrators of a number of companies for an...
Jul222016

Personal insolvencies rise

On 13 July 2016, The Australian Financial Security Authority (AFSA) reported an annual rise in personal insolvency for 2015-2016 financial...
Jul192016

Purchasers declare!

The 2016 New South Wales budget has introduced a 4% surcharge on duty payable for foreign persons or entities buying residential...
Jul142016

PPSA Problems: Leasing Laments

A recent decision in the Supreme Court of New South Wales has shed some light on the meaning of ‘regularly...
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