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New Zealand’s insolvency practitioner regulation regime, from 1 September 2020
03/07/2020
UK
NZ
regulation
RITANZ
A new insolvency practitioner regulation regime for New Zealand will start on 1 September 2020, according to RITANZ, only a ...
Liquidators’ remuneration – “most businesses do not charge out that way”
26/06/2020
NZ
billing
Articles
A Judge apologised at the start of his judgment for the length of time he took to determine liquidators’ remuneration. ...
A liquidator who stood to lose fees if his proceedings were not able to proceed
24/06/2020
remuneration
security for costs
Articles
A company liquidator had unpaid fees amounting to $352,383 in his administration of a liquidated company – All Class – ...
Liquidator’s registration cancelled by ASIC
22/06/2020
Registration and discipline processes
Articles
A company liquidator has had her registration cancelled following a decision by a statutory disciplinary committee that she had improperly ...
Powers of attorney – South Australian law reform initiative
22/06/2020
powers of attorney
Articles
The South Australian Law Reform Institute (SALRI) is examining the role and operation of Powers of Attorney in SA and whether ...
How is Australia’s safe harbour from insolvent trading working? some survey results
21/06/2020
TMA Australia
588GA
588GAAA
588G
An article by Professor Ian Ramsay and Associate Professor Stacey Steele has just been published reporting on survey responses of ...
Gold company director cards?
16/06/2020
director identity number
Articles
Directors of companies will finally have an easy way of keeping their company details up to date when the director ...
Insolvency litigation funding – too much hand-holding?
16/06/2020
ALRC
class actions
litigation funding
Articles
A joint parliamentary inquiry into class actions and litigation funding has set down public hearings throughout July 2020.[1] The inquiry ...
Insolvency Law Bulletin – June 2020
11/06/2020
Insolvency Law Bulletin
NZ
Books and journals
US/Canada
The latest issue of the Insolvency Law Bulletin has just appeared containing a wide range of topics in personal and ...
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
UK
IPA
CPA Australia
ICAEW
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
COVID-19
ASBFEO
MSME
Ombudsman insolvency inquiry
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
Temporary debt protection
Articles
“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
knowing receipt
NZ
ponzi
dishonest assistance
The ANZ Bank has failed to have struck out a claim against it by investors in what was the largest ...
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