England’s approach to ‘phoenixism’ – joint and several liability
English law’s latest proposed reforms in relation to abuse of its tax laws through insolvency, including through ‘phoenixism’, seem to show its regime as less advanced than that of Australia. On the other hand, Australia’s large accumulated unpaid collectable tax debt of A$23.7b, plus A$7b ‘insolvency debt’, may not show our system working that well. […]
Consumer protections – auction warranties; debt management firms; and gift cards and insolvencies
The Ministers for Consumer Affairs of Australia and New Zealand recently met, on 26 October 2018 in Melbourne, making a range of significant decisions about consumer protection issues. Three matters in particular were, auction warranties, debt management advisers and gift cards. Exemption from consumer protection laws for goods sold by auction The Ministers agreed to […]
