The fine print in an ASIC form
With Australia’s new insolvency laws commencing this Friday 1 September, there is a late flurry of activity from the legislature to tidy up the Acts, Schedules, Rules and Regulations that will now apply; from the Courts in updating their rules and processes; and from the regulators in issuing their new forms and guidance, if any. […]
Amerind and Killarnee – ships in convoy, or on a collision course?
Over 35 years ago, a Judge said that if a liquidator winding up a trustee company were to lose out in relation to the priority of his remuneration, it would be “unjust that he should perform his important and sometimes difficult duties without reward. In future it is unlikely that companies carrying on no business […]
