Courts’ statistics on their delayed judgments
As a 2025 postscript to my comments below, while it will often be difficult to anticipate the time that litigation commenced by an insolvency practitioner will take – ranging from directions to a determination of claims, it should be assumed that a decision from the court will be provided within an acceptable period. Statistics of […]
ASIC updates “guidance to help directors prevent insolvent trading”
ASIC has updated its regulatory guide for directors and their professional advisers on the duty to prevent insolvent trading – s 588G Corporations Act – and has provided new guidance on the safe harbour provisions – ss 588GA-588HA. RG 217 ASIC says that the updates to Regulatory Guide 217 Duty to prevent insolvency trading: Guide […]
