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Worrells Solvency & Forensic Accountants
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Fax: +61 7 3225 4311
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By Rebecca Clifford
It is important to ensure the accuracy of registering security interests for the specific type of business structure.
By Aaron Lucan
Reducing the automatic discharge to a one-year bankruptcy could encourage entrepreneurs and stimulate economic growth.
By Paul Nogueira
Some amendments included the increased rights of creditors to improve consumer confidence in insolvency practitioners. .
By Mervyn Kitay
This WA decision was a fine display of pragmatism and a reminder of the voluntary administration regime's effectiveness.
By Nikhil Khatri
Part 2 of this article gives some guidance on some key principles on the right of indemnity in a bankruptcy scenario.
By Kent Vuong
This is a summary of the rights of directors and creditors to access books and records of a company in liquidation.
By Philipp Stark
Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.
By Aaron Lucan
AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.
By Philipp Stark
The voluntary administrators were surprised by water and flood damage and substandard repair works to the building.
By Nick Cooper
This article examines challenges to the entitlement of creditors in bankrupt estates to vote at meetings of creditors.
By Scott Andersen
A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.
By Nikhil Khatri
The judge provided guidance on some key principles around a bankrupt trustee's right of indemnity out of trust assets.
By Sarah Peters
The notice requires the recipient of recently transferred property to pay to the bankrupt estate the property value.
By Nikhil Khatri
The laws seek to provide directors with an opportunity to explore restructuring opportunities for struggling companies.
By Simon Cathro
A DIN could reduce illegal phoenix activity by tracking directors and their relationships to other companies and people.