Reforms to corporate insolvency laws commenced on 1 January 2021 to assist companies with liabilities less than $1 million. These …
Each of AFSA, ARITA and Financial Counselling Australia has issued a statement calling for better processes for resolution of claims …
International Insolvency Research Symposium.M Murray.RemunerationRevisited July 2022 – final This is a paper I gave at the recent International Insolvency …
By a media release ASIC has reported that a disciplinary committee has decided to reprimand a liquidator, Nicholas Crouch, under …
While the UK is reviewing its insolvency practitioner (IP) co-regulation system, Australia’s direct regulation, with minimal but expansive co-regulation, might …
A debtor in Australia pays no fee to have themselves made voluntarily bankrupt. If that does not seem odd, then …
The Age newspaper in Australia has reported on what it describes as the “often extremely heavy” costs in administering insolvencies …
With the UK government rethinking the regulation of its insolvency practitioners (IPs), moving away from co-regulation to a system more …
The first and rather glowing report on the operation of the Insolvency (England and Wales) Rules 2016 has been issued …
The Australian Law Reform Commission handed its Judicial Impartiality Final Report to the Attorney-General, Senator Michaelia Cash on 6 December …
ASIC has revised its guidance on the exercise of its powers to order the winding up of an abandoned company, …
Some may agree or not with the “blunt” submission of an Australian liquidator and trustee on the government’s review of …
Diversity in the qualifications, experience, knowledge and abilities of those in the insolvency industry is the subject of this article, …
Justice Steven Rares of the Federal Court of Australia has rejected an application to recuse himself from hearing a matter …
The federal government’s current focus on personal insolvency law reform coincides with Small Business Month in NSW and the Small …
A person goes voluntarily bankrupt in Australia by completing an online “Bankruptcy Form” with the Official Receiver. What is now …
The UK Insolvency Service has been granted new investigative and disqualification powers to regulate directors who ‘dissolve’ (in Australian terms, …
The UK Insolvency Service has been granted new investigative and disqualification powers to regulate directors who ‘dissolve’ (in Australian terms, …
An Australian insolvency industry body – ARITA – has suggested that the law should be changed to allow insolvency practitioners …
After some long period of deliberation, the UK government has decided to itself take a direct role in the regulation …
Numbers of Australia’s 3 year long bankruptcies were down 46.7% in 2020-2021, producing an average dividend of only 1.63c/$. The …
In imposing a $153 million penalty on a company already in liquidation, for its “deliberate and protracted unconscionable conduct of …
From the opening paragraphs, one can foresee the outcome of this decision, about ASIC’s “unprincipled and pointless” intervention to deny …
Latest figures show that nearly 60% of personal bankruptcies in the construction industry were involved in a business, with those …
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