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Insolvency
Australia
Corrs Chambers Westgarth
The companies were reinstated to allow proceedings against the liquidator of those companies for alleged breach of duty.
BRI Ferrier
The legislation will amend Australia's insolvency framework to streamline the restructuring process for small business.
Osborn Law
These changes to insolvent trading laws were introduced to help businesses manage the economic effects of the pandemic.
Osborn Law
New legislation aims to combat illegal phoenixing activities, by amendments to the Corporations Act and the GST Act.
Worrells Solvency & Forensic Accountants
The process will offer a streamlined and more cost-efficient pathway for less complex liquidations for small business.
Worrells Solvency & Forensic Accountants
Only a registered liquidator may consent to act as a SBRP, to provide appropriate advice regarding a distressed business.
Worrells Solvency & Forensic Accountants
The primary aim of these meetings to inform people about insolvency law and what it means in this specific situation.
McCabe Curwood
Summary of the temporary changes introduced to insolvency laws due to the COVID pandemic.
McCabe Curwood
Recent case examines s60(2) Bankruptcy Act. Discussion & key takeaways from case.
Corrs Chambers Westgarth
The case is a useful guide to principles a Court may consider in relation to liquidator remuneration applications.
Surry Partners
It is likely that many statutory demands will be issued in early 2021 due to the moratorium lapsing on 31 December 2020.
Carroll & O'Dea
Eligible small businesses would be encouraged to restructure their existing debt to avoid the insolvency process.
Holman Webb
New insolvency regime – what it will involve, who will be impacted, summary of the Factsheet issued by Treasury.
ClarkeKann Lawyers
Summary of insolvency reforms that are intended to give businesses more control over how they restructure debts.
Johnson Winter & Slattery
The limitation period for recovering loans repayable ‘on demand' is a matter often overlooked by creditors and insolvency practitioners.
Corrs Chambers Westgarth
This TGIF looks at the NSW Supreme Court's recent guidance on factors relevant to when a winding up ought be terminated.
Worrells Solvency & Forensic Accountants
The government has not agreed to release directors from personal liability for unpaid PAYG, GST, WET or LCT tax debts.
Worrells Solvency & Forensic Accountants
The new regime is expected to make it more commercially viable for small businesses to restructure out of insolvency.
Worrells Solvency & Forensic Accountants
The proposed insolvency reforms to support small business may be rushed through Parliament to commence on 1 January 2021.
Worrells Solvency & Forensic Accountants
A company director who chooses to trade-on past the 31 December 2020 has no retrospective insolvent trading protection.
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