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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Feb222016

Negotiating contracts by email, are you bound before you think you are?

It is common practice to engage in pre-contractual negotiations via email, in doing so you run the risk that those...
Feb162016

Being driven mad: removing baseless PPSA registations

Lenders should carefully consider the effects of releasing security interests, as the recent case of Capital Finance Australia Limited v Elana Claire Clough...
Feb152016

Quantum of unfair preference recoveries reduced

The Queensland District Court in Morton & Anor v Rexel Electrical Supplies Pty Ltd [2015] QDC 49 (Morton) has expanded...
Feb152016

Vendors Beware! Who is responsible for the preparation of a Transfer?

In standard form Contracts for Sale and Purchase of Land in NSW (Contract), it is usually the case that the...
Feb152016

Potential postage pain pending

Australia Post has altered the terms of postal delivery.  The time for delivery of regular post will take an extra...
Feb122016

Sorry I’m late: missing the deadline for calling a creditor’s meeting

When a debtor proposes a Personal Insolvency Agreement (PIA), the controlling trustee of the debtor’s property is required, under ss. 190...
Feb112016

Turbulent times for lessors as liquidators enjoy windy windfall

In a decision handed down today, the Supreme Court of New South Wales found that GE’s proprietary interest in assets worth in the...
Jan252016

Coming back from the brink | Supreme Court provides guidance on the evidence required to terminate a winding up

In two recent decisions of the Supreme Court of New South Wales, In the matter of Westside Sugar Cane Juicery...
Jan182016

Resolution Revolution: A useful way to assist the Court in determining an application to extend a convening period

It is a common misconception that the Corporations Act 2001 (Cth) operates so that only two resolutions may be put...
Jan142016

Privacy – Dangerous Territory

Warning  Insolvency practitioners may be unwittingly exposing themselves and their colleagues to fines of up to $1,700,000. That got your...
Jan112016

High Court rules on Liquidators’ obligations to retain sale proceeds for anticipated capital gains tax assessments

In recent times, there has been much conjecture surrounding whether liquidators and receivers are obliged to retain monies received from...
Jan042016

SA Supreme Court provides helpful guidance on Liquidators’ Remuneration and the issue of Proportionality

In the recent decision of Macks & Anor v Maka & Anor [2015] SASC 200 (Macks) the Supreme Court of...
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