International Art Holdings Pty. Limited....

Mar 16, 2011

ERA Legal recently acted in a case for Sule Arnautovic, the Administrator of the group of art companies trading as Smith & Hall. In that case the Administrator upon his appointment found himself in possession of significant assets (namely artworks) which it seemed...

Allen, in the matter of North East Wirad....

Dec 14, 2010

In the recent decision of Allen, in the matter of North East Wiradjuri Co Limited (Administrators Appointed) [2010] FCA 1248, handed down by the Federal Court of Australia, the Court endorsed a novel approach to resolving a situation where administrators had been...

Arena Management v. Campbell Street Thea....

Oct 26, 2010

In a decision of the Supreme Court of New South Wales handed down this morning, a sharp reminder was given to insolvency practitioners – if you spend creditors’ money on futile court proceedings, you might find that it is not creditors’ money you’ve been spending....

Bruton Holdings v Commissioner of Taxati....

Sep 8, 2010

Readers may be familiar with the long running saga in Bruton Holdings v. Commissioner of Taxation. Concern was felt in insolvency circles when the Full Court of the Federal Court upheld the Commissioner’s argument that the Commissioner was entitled to serve a Section...

Brown v Bluestone Property Services Pty.....

Aug 5, 2010

Yesterday, the Supreme Court of New South Wales handed down a decision which highlights the importance of taking care in the preparation of winding-up documents. The Plaintiff’s winding-up application failed solely because their solicitor had not sufficiently...