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Australia
Corrs Chambers Westgarth
This case is a caution to liquidators engaging solicitors or other professional advisors in the course of their duties.
Worrells
Regarding corporate insolvency appointments, the economic impact of COVID-19 played out very differently to the GFC.
Holding Redlich
Reveals the keen focus of the regulator on using its licensing powers to clean up the NSW home building industry.
Worrells
The distribution of pre-CGT company profits would retain that CGT-exempt status when returned to shareholders.
Worrells
Early consultation with insolvency advisors is recommended for struggling businesses.
Worrells
The potential pitfalls for directors of companies facing liquidation are numerous and can have profound negative impacts.
Cathro & Partners
Discusses the complexities of insolvency law, sharing insights from extensive experience in various cases.
Cathro & Partners
A PIA is an alternative to bankruptcy, allowing debtors to negotiate a debt repayment plan with their creditors.
Cathro & Partners
Creditors can apply to the court to appoint a provisional liquidator if there is a risk of company assets being dissipated.
Bennett & Philp Lawyers
When a company is unreasonably deadlocked by shareholder disputes, the shareholder may apply to have it wound up.
Corrs Chambers Westgarth
Complex and multinational schemes are likely to mean that liquidators require extra time to commence proceedings.
Vincent Young
Section 420A of the Corporations Act 2001 (Cth) (Act) obliges a receiver exercising a power of sale to take all reasonable care to sell the property for market value or the best price reasonably obtainable.
Vincent Young
Congratulations! You have just obtained an adjudication certificate. What comes next if the respondent refuses to pay the adjudicated amount?
Corrs Chambers Westgarth
When can a mortgagee claim a right to retain reasonable security for costs of anticipated litigation with a mortgagor?
Rostron Carlyle Rojas
Liquidation should be a last resort to financial difficulties, so consider these steps first.
ClarkeKann Lawyers
As a last resort to break a dispute impasse, a Court may wind up the company on just and equitable grounds.
Worrells
Issuing a DPN is one way the ATO seeks to compel a director to comply with tax and superannuation obligations.
Coleman Greig Lawyers
Phoenixing is liquidating a company to avoid debts and then resurrecting the business via a separate entity.
Worrells
Shareholders have several options available to resolve disputes, address their concerns and protect their interests.
Worrells
Directors need to understand the personal ramifications if their company does not pay the DPN liability.
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