Intelligence
Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis
Nov072014
The Commissioner’s indemnity under 588FGA of the Corporations Act
Many liquidators and accountants will be familiar with the following sequence of events: – A liquidator identifies a payment or...
Nov032014
Electronic Bankruptcy Notices are confirmed to be valid
The Full Federal Court of Australia has recently handed down a judgment confirming bankruptcy notices issued via AFSA’s online services website are valid....
Oct302014
Public Examinations and witness expenses: To pay or not to pay.
Quite often, the only way that an administrator or liquidator can properly determine a company’s affairs is by conducting examinations...
Oct232014
Joe & Joe – IPs’ legal costs under scrutiny
Yesterday the Supreme Court published its long-awaited decision in the Joe & Joe Developments litigation. The litigation has been the...
Oct212014
Pay cut on the horizon for liquidators
On Friday, the NSW Supreme Court handed down two further decisions in its drive to hammer home to liquidators the...
Oct202014
AFSA announces new Bankruptcy Register Search service
AFSA (the Government bankruptcy regulator) now allows bankruptcy searches to be conducted directly online, with the $12 search fee payable by Visa or...
Oct202014
The Federal Court is paperless as of today
As of today the Federal Court of Australia will no longer accept paper documents from lawyers appearing before the court. ...
Oct162014
WA Court of Appeal challenges Graywinter Principle for Statutory Demands
The WA Supreme Court in the decision of Pravenkav Group Pty Ltd v Diploma Construction Pty Ltd [No 3] [2014]...
Oct142014
ARITA Discussion Paper Released
ARITA, the Australian Restructuring and Insolvency Turnaround Association, has released a new discussion paper titled A Platform for Recovery. The...
Oct082014
Federal Court: No duty of loyalty
A recent Federal Court decision has found that solicitors do not owe any overarching duty of loyalty to former clients. Solicitors...
Oct082014
High Court: Builder owes no duty of care to Strata Plan
The High Court in Brookfield Multiplex v SP61288 has ruled that the builder of an apartment building owes no duty...
Oct012014
Open Season for PPSR Review
The first of four review papers considering the operation of the Personal Property Securities Act (“PPSR“) is now open for...
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