Be transparent or pay the price

Feb 19, 2018

In a recent decision  In the matter of Boss Engineering (NSW) Pty Limited [2017] NSWSC 1334 (Boss Engineering), Brereton J dealt with an application to set aside a statutory demand made out of time. As is commonly known, pursuant to section 459G of the Corporations...

Company assets: are you sure?

Feb 5, 2018

The recent Federal Court of Australia Cussen (Liq), in the matter of Zerren Pty Ltd (in liq) [2017] FCA 981 decision reaffirms the importance of making full and fair disclosure of all relevant facts and circumstances to the Court when making an application under...

Combatting Illegal Phoenixing

Feb 5, 2018

The Turnbull Government’s reform package released in September 2017, Combating Illegal Phoenixing, outlines a range of measures designed to identify, prevent and combat illegal phoenix activity. “Phoenixing” is the colloquial term attributed to the practice of...

Yet another reminder to take care during....

Feb 2, 2018

In the case of Buildum Construction Pty Ltd v Pile & Bucket Pty Ltd [2017] NSWSC 1260, the Supreme Court of New South Wales (the Court) considered whether an oral agreement reached between the parties at settlement fell within the the first or second category...

Possession Perfection: The appointment o....

Jan 22, 2018

Justice Markovic of the Federal Court of Australia in Knauf Plasterboard Pty Ltd v Plasterboard West Pty Ltd (in liquidation) (Receivers and Managers appointed) [2017] FCA 866 has provided judicial guidance on what is, and what is not, perfection by possession for the...