Asia: Insolvency/Bankruptcy/Re-Structuring

Recent decision reaffirmed key characteristics of an employment relationship that will be taken into account to determine whether an employer is a 'true employer'.

Outlines how companies can defend themselves against statutory demands by relying on the genuine dispute ground under s459H Corporations Act 2001.

Chabra injunctions are freezing orders against assets held by a person "A", against whom a claimant has no cause of action, on the basis that such assets may be ultimately available through court process to satisfy a judgment which the claimant may obtain against a defendant.

Directors should address compliance, cash flow & director loan issues early to improve chances of Small Business Restructuring approval by ATO.

Court clarified the high threshold for proving unfair prejudice to shareholders and the evidentiary requirements in administrator-led valuations.

This brand-by-brand carve-out isn't uncommon in founder-led groups that scale faster than their internal systems. But the Good Glamm case is instructive because of its structure and the timing of its public unraveling...