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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May202015

Spending a penny in cross-border insolvency…

For modern businesses, multinational operations offer strong opportunities for growth and expansion. However, in the event of insolvency, operating across...
May192015

Sharp increase in Tax Office office debt recovery actions

The Australian Taxation Office has in recent days sharply increased the number of winding-up applications filed in Australian courts. This...
May192015

Enemies at the gate! Resilience in the face of hacking

Earlier this year, ASIC released a report titled “Cyber resilience: Health Check” which sets out a checklist of risks that...
May182015

Can a liquidator of a corporate trustee sell trust assets?

Justice Brereton’s decision in Stansfield DIY Wealth Pty Ltd (in liquidation) [2014] NSWSC 1484 has set a new precedent as...
May132015

Small businesses protected from unfair contract terms

The Federal Government has released an exposure draft of proposed legislation that, if passed, will extend consumer protections against unfair...
May122015

Start-up darling Ninja Blocks slips gracefully into the shadows

After a month of silence, the Australian start-up success story of Ninja Blocks came to an end over the weekend...
May122015

Uncommercial transactions require a close analysis

In circumstances where a single unsecured creditor of a company in liquidation has received a considerable benefit over and above...
May112015

Soccer and Insolvency: The fairy-tale survival of A.F.C Bournemouth

A.F.C Bournmouth is a football club in England with a history dating back to 1899.  They play at Dorset on...
May082015

Competition Policy Review Final Report

The Final Report of the Competition Policy Review was recently released after the current government requested that Professor Ian Harper...
May052015

Reinventing the ATO – A tougher stance on insolvency

At the Tax Institute’s 30th national convention, Mr Chris Jordan, Commissioner of Taxation, outlined the Australia Taxation Office’s ongoing process...
May052015

ASIC Report into liquidators released

ASIC recently released its annual report into the supervision of registered liquidators for the 2014 calendar year. The report details...
May042015

New AFSA statistics: March 2015

The Australian Financial Security Authority (AFSA) has released their personal insolvency activity statistics for the March 2015 quarter. The report...
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