Full Federal Court brings an end to the peak indebtedness rule
The Full Federal Court judgment that rung the death knell for the peak indebtedness rule.Snapshot A recent judgment of the Full Court has rung the…
Liquidator’s remuneration: good news for insolvency professionals
The Full Bench of the NSW Court of Appeal provided clear guidance on how a Court must determine a liquidator’s remuneration under the Corporations Act….
The latest developments in Law Society advocacy & law reform: August 2016
The Law Society’s Policy and Practice team brings you a wrap-up of the most important issues of the moment.Key developments Transfer duty bracket creep Draft…
Insolvency & incorporated law firms: lessons from Slater & Gordon’s troubles
Rights of clients are upheld by lawyers as part of their legal and ethical obligations. The incorporation of the law firm does not displace this…
The Cape Town Convention and the Personal Property Securities Register
Australia became a party to The Cape Town Convention which came into effect on 1 September 2015. The Convention is designed to facilitate aircraft financing…
The good, the bad and the ugly: pre-pack arrangements and phoenix activity for SMEs
This article considers the line between legal pre-pack arrangements and illegal phoenix activity for insolvent small-to-medium sized enterprises (SMEs). By BEN SEWELL. Snapshot This article…
The latest from the Federal Court: August 2014
Reporting and analysis of the most notable decisions in the Federal Court. By THOMAS HURLEY.Key decisions O’Flaherty v City of Sydney Council [2014] FCAFC 56 Catalano…
The grim life of tenants living in the Willmott Forest
Liquidators appointed to a landlord company can now disclaim a registered lease. This could result in tenants being treated unfairly, and precludes tenants from protecting…