Registration of a liquidator, on conditions – Mansfield
The AAT has confirmed that a corporate insolvency practitioner’s ‘exposure’ to bankruptcy as being one criterion required to be met for liquidator registration, means what it says, and does not necessarily call for direct experience in bankruptcy. This corrects a view to the contrary that had been causing some concern. ASIC has reported in the […]
No responsibility for the folly of her purchase …’They knew I couldn’t afford it’.
Craig Emerson has pointed out that, despite the stories coming from the Banking Royal Commission, ‘not every poor decision of a customer is the bank’s fault’. As he says, ‘if an elderly parent goes guarantor for a loan there can be consequences if the loan is not repaid. … If a couple on a modest […]
