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Is the Australian insolvency system insolvent?
10/06/2020
IAN
Articles
Conferences
That is broadly the topic of a paper tentatively titled “the Australian insolvency system (in voluntary administration) – the s ...
Lawyers as directors of insolvency companies – restrictions on right to practise
10/06/2020
legal practitioner
Queensland
Articles
Queensland lawyers who are directors of an insolvent company or an incorporated legal practice may have their right to practise ...
Leave to proceed against a bankrupt; but with questions about the legal representation
09/06/2020
bankruptcy
leave to proceed
legal practitioner
Articles
In an employee’s otherwise ordinary unpaid wages case the respondent employer went bankrupt mid- hearing and the employee’s legal representation ...
Regulation of insolvency practitioners by accounting bodies
05/06/2020
co-regulation
NZ
regulation
UK
The outcomes of co-regulation of UK insolvency practitioners are explained in a May 2020 report of the ICAEW, with some ...
Australian Small Business Ombudsman’s ‘COVID-19 Recovery Plan’ – ‘turnaround and insolvency’
03/06/2020
ASBFEO
MSME
Ombudsman insolvency inquiry
COVID-19
The Australian Small Business and Family Enterprise Ombudsman has issued a COVID-19 Recovery Plan, of May 2020. Within that the ...
Behind the UK government insolvency reforms
02/06/2020
UK
COVID-19
UK COVID-19
Articles
The Corporate Governance and Insolvency Bill has been introduced into the United Kingdom Parliament and is due for debate on ...
Executing a search warrant for the property of an insolvent company
01/06/2020
search warrants
arrest warrants
Articles
Attempts to execute a liquidator’s s 530C search warrant for a large prime mover vehicle led to threats, a ‘long ...
Re-naming rights of the bankruptcy regulator
31/05/2020
articles
Temporary debt protection
“When I use a word, it means just what I choose it to mean—neither more nor less”.[1] Bankruptcy law allows ...
Australian personal insolvencies falling in number
31/05/2020
Statistics
Articles
The number of personal insolvencies in Australia have been falling since the start of the corona crisis, which some might ...
Who is an employee, and who is the employer? Common questions in insolvency administrations
27/05/2020
Fair Entitlements Guarantee - FEG
employee status
legal advice
Articles
Whether a person is an employee or a contractor, and if an employee, who is the employer, can be important, ...
Important rules in reviewing registrars’ sequestration orders
22/05/2020
bankruptcy
Articles
Chief Justice James Allsop of the Federal Court of Australia has written, both in his judgments and extra-judicially,[1] of the ...
Preferences paid by company under a DOCA – based upon a reading of the section
19/05/2020
NZ
Preferences
statutory interpretation
Articles
A company under a 2013 deed of company arrangement made payments to the Deputy Commissioner of Taxation. The deed was ...
Crime and insolvency, Australian style
17/05/2020
Crime
regulation
UK
Articles
There is not much correlation between crime and insolvency, in my researches, certainly in comparison with crime in the world ...
Feminist input to the theories of insolvency?
14/05/2020
articles
feminism
insolvency theory
Books and journals
For those who would like to see how it is said that ‘feminist ideals’ are met in one or other ...
Ponzi investors suing ANZ Bank for their losses
09/05/2020
NZ
ponzi
dishonest assistance
knowing receipt
The ANZ Bank has failed to have struck out a claim against it by investors in what was the largest ...
New Zealand’s COVID-19 laws on reckless trading and debt hibernation
08/05/2020
NZ
RITANZ
NZ COVID-19 laws
General
The COVID-19 Response (Further Management Measures) Legislation Bill has been introduced into the New Zealand parliament is now before the ...
Further Covid-19 Restructuring Survey Results – Australia
07/05/2020
Reports
COVID-19
TMA Australia
surveys
In my post of 3 May 2020, I reported on various surveys both during the COVID-19 crisis, and before. One ...
Impact of the Jackson reforms on insolvency litigation in the UK
06/05/2020
ALRC
litigation funding
UK
Reports
An April 2020 report in the UK by Professor Peter Walton on the impact of the ‘Jackson’ legal costs reforms ...
Surveys of Australian insolvency and turnaround professionals
03/05/2020
technology
COVID-19
TMA Australia
KordaMentha Corporate
An early survey of insolvency professionals in Australia in relation to the impact of COVID-19 reveals an apparent contradiction, that ...
Are industry and professional bodies’ disciplinary records protected from court scrutiny?
29/04/2020
industry bodies
industry notices
Registration and discipline processes
public interest immunity
A liquidator had been the subject of disciplinary proceedings by ARITA in 2018. In later unconnected court proceedings, as a ...
Australia’s temporary personal debt protection
25/04/2020
COVID-19
Temporary debt protection
General
Law & Practice
One of the ‘COVID-19’ bankruptcy reforms made in Australia on 25 March 2020 was to extend the period of a ...
Insolvency practitioner independence – law and practice
23/04/2020
ARITA Code
special purpose
UK
General
One of Australia’s insolvency bodies, ARITA, has issued a reminder to its members about the need for liquidators to maintain ...
Some thinking about insolvency pre-packs, panels and more
20/04/2020
Courts
pre-packs
regulation
UK
In a newspaper article of 20 April 2020* promoting a new ‘restructuring business’, some ‘new thinking’ is offered on changes ...
UNCITRAL guidance on MSE insolvency – Insolvency Law Bulletin article
18/04/2020
Insolvency Law Bulletin
MSE
General
Books and journals
An article in the latest Insolvency Law Bulletin[1] reports on the progress of UNCITRAL Working Group V[2] in developing law ...
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