The end of safe harbour?
Is there a possibility that the new ‘safe harbour’ regime for directors might be removed? It depends. While the safe harbour section 588GA of the Corporations Act is not the subject of a sunset provision, such that it will be removed unless re-enacted, the operation of the section must be reviewed in two years. […]
Challenge to banktruptcy trustees’ remuneration – continued
A challenge by the Inspector-General in Bankruptcy to trustees’ remuneration in an estate is before Justice Jennifer Davies of the Federal Court in Melbourne. The matter had been listed for hearing this week 14-15 December – but , in what may be some attempt at settlement, the matter has now been referred for a ‘case […]
