Penalties imposed on debt agreement administrator for false and misleading, threatening and coercive conduct against debtors
ASIC has succeeded in obtaining penalties against A & M group for false and misleading threatening and coercive conduct against debtors who had missed payments under their debt agreements. Australian Securities and Investments Commission v A&M Group Pty Ltd trading as Debt Negotiators [2022] FCA 1534 (fedcourt.gov.au) A&M Group, which trades as Debt Negotiators, acts […]
Abolition of the AAT, and its insolvency law matters
The Administrative Appeals Tribunal is to be abolished we are told and replaced by a new administrative law review body in 2023: see Government to abolish Administrative Appeals Tribunal – Mark Dreyfus KC MP. The AAT has contributed much in its areas of relevance in bankruptcy and corporate insolvency. It serves the purpose of providing […]
