Practitioner’s bankruptcy registration cancelled, and liquidator registration indefinitely suspended
A bankruptcy disciplinary committee has issued its reasons for deciding to cancel the registration of a trustee in bankruptcy, based on his misconduct in a matter in which he was a liquidator: decision under s 40-45 in the matter of David Leigh, 31 January 2019. It appears that the trustee, Mr Leigh, had admitted to […]
Hayne Report – banks and receivers and agricultural enterprises
The Hayne Royal Commission declined to examine the conduct of receivers appointed by banks, in particular over agricultural enterprises. Nevertheless, comments and recommendations in the Final Report[1] (Report) address concerns about how banks have handled non-financial farming enterprises. National farm debt mediation The Report for one thing recommends a national farm debt mediation scheme, which […]
