History media other

Australia has some of the longest lag times between employees being paid and taxes being remitted

This is a short historical background to the increasing non- or late payment of tax mainly by small businesses – ...

Defining bankruptcy

The Bankruptcy Amendment (Discharge from Bankruptcy) Bill 2023 has been introduced into parliament.  It has presumably been drafted by the ...

Keay’s Insolvency – Personal and Corporate Law and Practice, 11th ed, 2022

We are pleased to have published the 11th edition of our textbook, Keay’s Insolvency – Personal and Corporate Law and ...

“The [too high] costs of insolvency”?

The Age newspaper in Australia has reported on what it describes as the “often extremely heavy” costs in administering insolvencies ...

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 ...

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 ...