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Gender balance in the insolvency industry

With women comprising only around 10% of insolvency practitioners, the issue of gender balance continues to receive attention, among broader ...

‘Masculinity contest cultures’, and gender imbalance?

Evidence before the Parliamentary Joint Committee inquiry into Ethics and Professional Accountability [1] (PJC inquiry) may assist in considering the ...

Gender, and diversity, in insolvency practice, continued

The July 2023 PJC report into corporate insolvency[1] makes recommendations on the “problem” of the limited female representation among liquidators, ...

The gender gap in insolvency

An article in the latest Insolvency Law Bulletin – The gender gap among Australian liquidators,[1] by Paulina Fishman – comments ...

The latest Insolvency Law Bulletin – remuneration, trading trusts, financial product collapses, gender, and more

In the latest issue of the Insolvency Law Bulletin, we have an article on a simpler solution to insolvent trading ...

The gender profile of the insolvency profession: occupational segregation?

Would you like to study the question of gender balance in the insolvency profession? That topic is the subject of a ...

ASIC’s updated guidance on liquidator registration and discipline; AFSA; and the ART

ASIC has released updated regulatory guidance on statutory committee registration and discipline processes, and related issues: see Revised Regulatory Guide ...

Coercive control and insolvency

ASIC has asked registered liquidators to “stay alert” for signs of family and domestic violence when conducting insolvency administrations.[1]  ASIC ...

Some proposed personal insolvency reforms in Australia

With the federal government yet to respond to the PJC Report on corporate insolvency of July 2023, which recommended a ...

Regulation of firms offering insolvency services

Further to my earlier post on insolvency practitioner (IP) regulation in the UK, and contrary to expectations,[1] the UK government ...

Updates to ASIC insolvency regulatory guides

ASIC is in the process of updating 4 of its regulatory guides on insolvency, in the next few months, and ...

Thoughts on the PJC’s Corporate Insolvency Report

The Parliamentary Joint Committee on Corporations and Financial Services (‘PJC’) handed down its Report into Corporate Insolvency in Australia on ...

Bankruptcy – transfer of files from the Official Receiver to private registered trustees, with 20% to women

Australia’s AFSA has announced that since 29 July 2021, it has changed the way it allocates bankrupt estates to bankruptcy ...

Dear Parliamentary Counsel

The Commonwealth Integrity Commission Bill 2020 is important in many respects and some would see the following aspect of it ...

A health check of the Australian corporate insolvency system – updated

Commentary following issued in April 2020 is reissued in September 2020 in light of the reports that a significant proportion ...

Courts ‘should be wary of [liquidator] disclaimers where environmental liabilities are to be passed onto taxpayers or innocent persons’

A court has set aside liquidators’ disclaimer of contaminated property on a challenge by the environmental regulator. Particularly in a ...

Feminist input to the theories of insolvency?

For those who would like to see how it is said that ‘feminist ideals’ are met in one or other ...

The proportion of insolvency practitioners who are women

Around the time of International Women’s Day and more generally there is often discussion about the low proportion of women ...

New UK Insolvency Code of Ethics

A new version of the Insolvency Code of Ethics will apply from 1 May 2020 to all insolvency practitioners in ...

Selfies of Australian insolvency practitioners – not looking good …?

A recent Australian academic thesis reveals an insolvency industry comprising practitioners with low self-identity, lacking in self-confidence and with a ...

Anti-competitive conduct in the insolvency industry?

A new code of conduct for insolvency practitioners in Australia now proscribes illegal anti-competitive conduct, unusual for an industry code ...

International Association of Insolvency Regulators’ Conference – 2019

Australia is attending and presenting at the annual insolvency regulators’ conference, along with regulators from the UK, the US, New ...

ASIC’s review of liquidators for 2017-2018 – continued fall in complaints

This ASIC Report 610 has been released, with some interesting points to note, and questions raised. It largely expands on ...

Litigation ‘for the benefit of creditors’ – really?

How much do unsecured creditors receive out of a liquidation or bankruptcy from any ‘successful’ judgment obtained by the liquidator ...