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Australia has some of the longest lag times between employees being paid and taxes being remitted
21/11/2023
single touch payroll
This is a short historical background to the increasing non- or late payment of tax mainly by small businesses – ...
Defining bankruptcy
15/11/2023
OPC
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
03/08/2022
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”?
22/05/2022
remuneration
cost
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
18/05/2022
co-regulation
practitioner regulation
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
15/05/2022
Insolvency Law Bulletin
Liens
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?
12/06/2021
Part 5.3B
ASBFEO
Attorney-General
one year bankruptcy
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
18/01/2021
silos
organised crime
ACIC
ASBFEO
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
22/12/2020
book review
Books and journals
Articles
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
21/12/2020
Blog
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?
05/08/2020
disgrace
government decision making
Articles
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
16/07/2020
ROCIT
Blog
There is no excerpt because this is a protected post.
Some thinking about insolvency pre-packs, panels and more
20/04/2020
regulation
UK
ADR
Courts
In a newspaper article of 20 April 2020* promoting a new ‘restructuring business’, some ‘new thinking’ is offered on changes ...
Obligations to whistleblow
02/03/2020
whistleblowing
CAANZ
misprision
CPA
Journalists and accountants among others are obliged by NSW law to ‘whistleblow’ – to report to the police – if ...
Three year ‘imprisonment’ for bankruptcy debt
09/02/2020
imprisonment for debt
one year bankruptcy
General
Books and journals
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
06/02/2020
pointless
UK
Law & Practice
Articles
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
29/12/2019
calculation of time
General
Law & Practice
Articles
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 …’
23/10/2019
animals as assets
General
Law & Practice
Articles
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
02/06/2019
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
13/05/2019
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
03/02/2019
General
Blog
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
10/12/2018
General
Blog
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***
21/11/2018
General
Blog
“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
06/11/2018
Canada
General
Articles
Blog
Articles on this website generally attract reduced readership if they are about bankruptcy rather than liquidation; or if they are ...
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