Intelligence
Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis
Jan122015
Unwinding a Winding Up Order
What happens when a company does not attend its winding up hearing? In the majority of cases, the company obviously...
Jan082015
Official Trustee Unable to Set Aside Financial Agreement
In Official Trustee in Bankruptcy & Galanis and Anor [2014] FamCA 832 the Family Court of Australia held that the Official...
Jan072015
Murray Inquiry: External Administration ‘Working Well’
The Financial System Inquiry 2014 (the Murray Inquiry) recently released its Final Report. The Final Report recognised the impact which...
Dec082014
Action on Insolvent Trading
According to recently published statistics over 5,400 directors were reported to ASIC in the 2013/14 financial year on the grounds...
Dec012014
Corporate insolvencies continue to rise
ASIC Corporate Insolvency Statistics for the September quarter of 2014 show that 2,469 companies entered external administration in this quarter. ...
Nov252014
PPSA Tip #6: 20 Business Days
It is critical that any security interest is immediately registered on the Personal Property Securities Register (PPSR) and at the...
Nov242014
PPSA Tip #5: Holding Company -v- Operating Company
Corporate groups are often structured with one company holding all of the assets, with a separate company operating the business. ...
Nov202014
Liquidator left ‘high and dry’ on lack of evidence
On 5 November 2014, the Federal Court handed down its decision in Highup Pty Ltd (in Liquidation) v Gubas [2014]...
Nov132014
PPSA Tip #4: Serial Numbered Goods
Did you know that under the PPSA some goods must be registered by serial number and if they are not...
Nov122014
PPSA Tip #3: Retention of Title
If you think that having a retention of title clause in your credit terms is sufficient to allow you to...
Nov112014
PPSA Tip #2 – What is a Security Interest?
In yesterday’s tip we explained what was covered by the term “personal property”. In a nutshell – everything! Just as...
Nov102014
PPSA Tip #1: What is Personal Property?
In our latest set of tips, we are helping make sense of the Personal Property Securities Act 2009 (Cth.) (PPSA)...
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