Case and statute law

The evolution of bankruptcy and insolvency laws and the case of the deed of company arrangement

This is a thoughtful and instructive article on the process of the historical development of the bankruptcy and insolvency laws

‘A good idea’ – assignment of a liquidator’s recovery rights

A liquidator has transferred, with court approval, potential recovery claims to the ATO, as the major and only creditor in

Use of referees in insolvency litigation

Justice Michael Lee of the Federal Court of Australia has called for a more proactive response from liquidators and trustees

ASIC’s period of external scrutiny

The Australian Securities and Investments Commission is properly subject to parliamentary oversight, apart from the on-going scrutiny it receives from

Climate change and the law

Here are details of two recent events on climate change and the law, followed by details of a range of

Regulation of Australian insolvency practitioners – UK and NZ compared

I am pleased to be soon presenting to various groups on the regulation of Australian insolvency practitioners, with some comparisons

A liquidator found liable for breach of confidence and invasion of privacy

“To say there is bad blood between David Henderson and Robert Walker is an understatement. From the time Robert Walker

A legal ‘affront’ – the Chorley exception – has gone

In raising the fundamental equality of all before the law in the context of a lawyer’s costs in their own

Accountants’ insolvency code updated

A new standard for insolvency practitioners – APES 330 – has just been issued written in APESB’s unique style and

A policy question with insolvency preferences

Is the essence of a preference payment in insolvency that the pool of the debtor’s assets are lessened by the

Flying low – an airline’s ‘extraordinary’ response to a $19m penalty

A major international airline turned up to court to seek a stay of a A$19m penalty with evidence so inadequate

Choosing courts in cross-border insolvency applications

As a federation, Australia has a mix of state and territory and federal courts, each with their own jurisdictions. Jurisdiction

Cafés and restaurants – at a tipping point, in 2018, and now?

In light of current (July 2019) reports about restaurants’ tax [non] compliance, my article of a year ago, 15 July

“Shortcomings of the Model Law on Cross-Border Insolvency (just some)”

Professor Martin Davies of Tulane Maritime Law Center recently offered a critique of the Model Law on Cross Border Insolvency

How to become an insolvency practitioner in Australia

The ‘new’ process of selecting by interview who should be an insolvency practitioner (IP) was the subject of a presentation

Bankrupt trustees coming before the High Court

While the focus of the High Court’s trust law decision in Carter Holt[1] is in the context of corporate insolvency,

Delayed payment of a receiver’s bill – by 400 days?

Delayed payment of bills is said to be a significant problem facing small to medium enterprises in particular, with ‘cash

Some views on ASIC v Wily & Hurst

The views of Justice Brereton of the NSW Supreme Court have not prevailed following the decision by the High Court

‘Your place or mine, and for how long?’ – a lack of judicial independence

We might have noticed that courts in Australia and indeed in most comparable countries are usually housed in their own

Insolvency of trading trusts – Keay comments

Our 10th edition of Keay’s Insolvency was published in 2018 just after the Victorian Court of Appeal decision in Amerind,

Revised insolvency standard for practitioners. As to their professional bodies …

The Accounting Ethical and Professional Standards Board (APESB) has approved a new and revised APES 330 – Insolvency Services, the

Some concession for small business bankruptcy under severe NSW law

NSW law can remove a person’s right to practice their job for up to 6 years, in the person has

ASIC’s “significant element of vexation”

ASIC has failed in an application to have an inquiry conducted into joint liquidators’ conduct – Hurst and Wily –

Unclaimed bankruptcy moneys – new law

Easier processes to recover unclaimed moneys in bankruptcy commence at the end of June 2019. The Official Receiver in Bankruptcy