History media other

Insolvency practitioner regulation – an Australian story

With the UK government rethinking the regulation of its insolvency practitioners (IPs), moving away from co-regulation to a system more …

Insolvency Law Bulletin – the latest on examinations, liens, receivers, tracing and winding up

Examinations The latest Insolvency Law Bulletin looks at the High Court’s recent decision in Walton v ACN 004 410 833 …

Fees of insolvency practitioners and lawyers

After Jason Harris and I wrote about Justice Michael Lee’s comments on the high charge out rates of insolvency practitioners, …

Why has the Australian government not yet decided on any further insolvency law changes for small business?

Australia MSE insolvency reform process seems to have halted, perhaps because of a poor reception to its January 2021 small …

Australian personal insolvency reform for COVID-19 impacted debtors

The Australian government’s proposed retention of the restrictions of bankruptcy on COVID-19 impacted business proprietors and consumers is questionable, but …

The Law of Bankruptcy Notices and Creditors’ Petitions, by Nicholas J Simpson, 2020 – a book review

This is a very good and topical Australian text, adequately and accurately described by its title.  My review of it …

The ‘powerhouse’ of small and medium enterprises and their recovery ‘boosted’ by our new insolvency laws

Interesting to know from what [limited] bases journalists get their views … ‘Finally, a fair go for small suppliers’, R …

Extension of insolvent trading concessions – flake news?

Someone government person called Andrew is saying that the insolvent trading protections for directors will be extended beyond 25 September …

Protected: Australian Insolvency Losers System (in vol admin) – commercial in confidence

There is no excerpt because this is a protected post.

Some thinking about insolvency pre-packs, panels and more

In a newspaper article of 20 April 2020* promoting a new ‘restructuring business’, some ‘new thinking’ is offered on changes …

Obligations to whistleblow

Journalists and accountants among others are obliged by NSW law to ‘whistleblow’ – to report to the police – if …

Three year ‘imprisonment’ for bankruptcy debt

Australia has historically been seen as severe in its approach to unpaid debt and opposition to changing the 3 year …

A pointless distinction in corporate insolvency

In the 19th century, where much corporate insolvency law thinking still remains, a distinction was made between court ordered liquidations …

Murrays Legal closes on 31 December 2019 and reopens on 1 January 2020

As to which, readers will be aware that “[t]he beginning of a day is nothing but the end of the …

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 …

The Alternative Financial Review

Property prices Perth ‘as good as it’s likely to get’ for rental affordability With little new housing stock – especially …

A running account of insolvency history – the lawyers and the accountants

In an account of the interaction between lawyers and the newly titled accountants in 19th century England, it has been …

The costs and time in administering justice

Newspaper analyses of the work of judges by reference to numbers of matters heard, words written and time taken can …

Revised draft of Australia’s 2014 insolvency code of practice

ARITA has released a consultation draft of its Code of Professional Practice for Insolvency Practitioners. This will be the 4th …

ATO indemnities to insolvency practitioners***

“New requirements for indemnity offers from the ATO to insolvency practitioners*** All indemnity offers from the ATO to insolvency practitioners …

Bankruptcy in Canada in the 1930s

Articles on this website generally attract reduced readership if they are about bankruptcy rather than liquidation; or if they are …

Australian Academy of Science and Australian Academy of Law – Joint Symposium

The Australian Academy of Science and Australian Academy of Law are holding what is the first joint symposium between the …

Judicial digs

The judgments of some judges are worthwhile reading for reasons apart from their legal content. Justice John Logan of the …