Inquiries conferences and reports

A bankrupt’s list of ‘personal’ assets

The law requires those people in bankruptcy to record their assets and liabilities in a ‘statement of affairs’. It is ...

Insolvency and climate change and environmental liabilities

INSOL Academics in Singapore on 1-2 April 2019 and the following day’s meeting of academics at the National University of ...

An inquiry into a liquidator’s conduct, some many years ago

ASIC has succeeded in obtained a court order for an investigation of the conduct of a liquidator, in relation to ...

Keay’s Insolvency – note from the authors – progressive updates since publication

As the authors of Keay’s, and in order to assist readers, we propose to make brief reference to law changes ...

Report on targeting of people in financial hardship

The Economics References Committee has issued its report, on time, following its inquiry into ‘Credit and hardship: report of the ...

ASIC’s review of liquidators for 2017-2018 – continued fall in complaints

This ASIC Report 610 has been released, with some interesting points to note, and questions raised. It largely expands on ...

Bills subject to scrutiny

That a bill is introduced into parliament after an extensive period of community consultation does not necessarily mean that it ...

The Hayne Report – lessons for lawyers – Australian Academy of Law event

The relevance of the ‘Hayne Report’ for the legal profession is the subject of the first of the Australian Academy ...

Director identity number bill now before parliament

A number of bills broadly concerning the registers of information held by the Commonwealth have been referred to the Senate ...

The future of the insolvency ‘profession’

I was pleased to have given a presentation on the future of the insolvency profession, at Griffith University’s excellent Professional ...

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 ...

Trends in personal insolvency given to Senate committee

Representatives of the personal insolvency law administrator – AFSA – appeared on 24 January 2019 before the Economics References Committee ...

Does insolvency practice constitute a profession?

Those who specialise in insolvency law and practice, and restructuring, would no doubt consider they act professionally, however that term ...

Inquiry into debt services for those in financial hardship – 22 January hearing

The Senate Standing Committee on Economics inquiring into credit and financial services targeted at people at risk of financial hardship ...

Professional body regulation of Australian insolvency practitioners

Having reviewed the current regulation of insolvency practitioners (IPs) by both ASIC and AFSA, ARITA is now examined, and to ...

Insolvency Practitioners Regulation Act (NZ) 2019?

A New Zealand government committee has recommended the passage of the long awaited Insolvency Practitioners Bill with some few amendments, ...

Bankruptcy trustees’ performance 2017-2018

AFSA’s Personal Insolvency Compliance Report 2017-2018 may be rather welcome in its positive reporting of its findings in relation to ...

More soft law – ARITA’s insolvency practice statements

ARITA has released a number of draft Practice Statements for comment.  These Practice Statements are designed to give ‘technical’ guidance ...

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 ...

What to do about problem debt advisers?

A late submission received by the Senate Economics Committee inquiry into credit and financial services aimed at those at risk ...

A regulator ‘getting tough’

This broadcast – Getting tough on untrustworthy advisors – in fact comes from the bankruptcy regulator, AFSA, about what it ...

New draft version of APES 330 – Insolvency Services

APESB has issued a long-awaited revision of its insolvency code – APES 330 Insolvency Services – with a view to ...

Liquidators – spending money to justify spending money

Charging a second fee to justify charging an initial fee might seem odd but this can be the case when ...

Liquidators: “… no obligation to conduct any investigations beyond the bare minimum …”

It has been said of liquidators that in no other profession is a highly qualified professional expected to work for ...