Case and statute law

A liquidator disciplinary decision – some regulatory insights

A decision of a tribunal in Australia gives some insight into the insolvency practitioner discipline processes introduced in 2017, which

Selfies of Australian insolvency practitioners – not looking good …?

Recent Australian academic research reveals an insolvency industry comprising practitioners with low self-identity, lacking in self-confidence and with a limited

The 2020 insolvency practitioner codes

New insolvency practitioner codes have issued in Australia, with the UK and NZ perhaps not far behind. It remains to

Bankrupt’s continued liability for costs

A court has refused parties’ request to retrospectively make an order for costs to avoid the consequences of a time

Insolvency R&B law reform ideas

While the ASBFE Ombudsman, ARITA and others are looking at insolvency law reform, including for SMEs, they will no doubt

Winding up a company for a $1,000 debt

” … the issue of proportionality between the amount of indebtedness and the deployment of an application to wind up

Murrays Legal closes on 31 December 2019 and reopens on 1 January 2020

As to which, readers will be aware that “[t]he beginning of a day is nothing but the end of the

Disclaimer of litigation funding agreement

While a trustee was ready to continue the bankrupt’s litigation claim, he was not willing to use the bankrupt’s litigation

Part 5.3A is not a device to escape payment, much less to protect directors from their misconduct

A deed of company arrangement (DOCA) was set aside despite 7 out of 8 creditors supporting it, and despite it

New Zealand insolvency – accrediting the professional bodies

Public consultation in New Zealand is now open on a discussion paper on the minimum standards and standard conditions for

Equitable fraud on creditors – bankruptcy composition set aside

Among several grounds for setting aside a composition between a bankrupt and his creditors under the Bankruptcy Act was ‘equitable

Boensch v Pascoe – High Court’s decision

The seven member bench of the High Court which heard Boensch v Pascoe on 11 October 2019 has unanimously dismissed

Halifax – no reason why the NZ High Court should not physically sit in Australia …

The on-going matter of the Halifax liquidation came before Justice Jacqueline Gleeson in the Federal Court of Australia (FCA) on

Major corporate collapses and the public interest – British Steel and more

The collapses in the UK of socially and economically important enterprises – British Steel, Carillion Constructions and Thomas Cook are

Halifax – a cross-border insolvency

A joint hearing of Australian and New Zealand courts is one way to deal with an intermingled cross-Tasman insolvency, through

The Future of Australian Law Reform – the five top priorites?

The Australian Law Reform Commission released its report The Future of Law Reform: A Suggested Program of Work 2020-25 on

Anti-competitive conduct in the insolvency industry?

A new code of conduct for insolvency practitioners in Australia now proscribes illegal anti-competitive conduct, unusual for an industry code

Liquidator’s fees were too low

Adverse findings have been made against a liquidator by a disciplinary committee, one being that he accepted fees that were

Cross-border insolvency – the Canberra session

I was pleased to have been involved with others in giving a presentation on UN Day 24 October 2019 to

Insolvency developments in the 2018-19 annual reports – ASIC, AFSA, AGD and ATO

Annual reports nowadays are more marketing publications as to various achievements of the relevant agencies and their compliance with statutory

Fair Entitlements Guarantee – powers to demand information

The Department of Employment, Skills, Small and Family Business’ Annual Report 2018-2019 provides some information about the Fair Entitlements Guarantee

A bankrupt and ‘one rooster, one peacock, three ducks, and 22 chickens …’

A person’s bankruptcy can arise from a host of circumstances, disputes with neighbours and non-compliance with local council requirements being

Do old emails ever die?

A respondent car hire company being sued by the ACCC for unconscionable conduct has claimed that what the ACCC alleges

A trustee’s interest in a bankrupt’s interest in trust property – Boensch v Pascoe

A seven member bench of the High Court was convened for the hearing in Boensch v Pascoe on 11 October