Cross-border and international

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

MYEFO 2019-20 – ASIC, phoenixing and ‘journalists’

The government’s mid-year economic and fiscal outlook 2019-20 has these interesting items about access to ASIC’s registers, unlawful phoenixing and

Insolvency – some root and branch ideas

Does the government shirk its responsibilities in ensuring the proper operation of our insolvency regime by unloading the costs of

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

Review of the CATSI Act 2006

The government has announced a review of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) which is

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

Insolvency Law Bulletin – penalties, phoenix & preferences, franchises & offence reports

The latest issue of the Insolvency Law Bulletin (2019) 20(4&5) covers some very topical issues. The Halifax Investment Services matter

Australia’s Official Receiver (in corporate insolvency)

Australia adopted much of English corporate law at the beginning of the 20th century but one thing it did not

Breaking a bankruptcy monopoly in New Zealand

There are moves in NZ to break the monopoly of the Official Assignee in personal insolvency by allowing private insolvency

New Zealand – corporate insolvency practitioner regulation

The New Zealand government has called for submissions on the proposed minimum standards and conditions for the licensing of insolvency

Corporate phoenixing – a crime?

The Australian Law Reform Commission has released a Discussion Paper addressing a number of aspects of its reference on corporate

New Zealand insolvency reform – half a gift card

The New Zealand government has decided to give consumers with unclaimed gift cards issued by a failed business a priority

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

Small business insolvency – the Ombudsman inquiry

The Australian Small Business and Family Enterprise Ombudsman has established an inquiry into “the insolvency system” to report by February

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

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

NZ insolvency practitioner costs recovery fees

The New Zealand government has released a discussion paper on proposed regulations concerning fees and other arrangements in preparation for

‘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