New draft version of APES 330 – Insolvency Services
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APESB has issued a long-awaited revision of its insolvency code – APES 330 Insolvency Services – with a ...
Category: Law reform
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Liquidators – spending money to justify spending money
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Charging a second fee to justify charging an initial fee might seem odd but this can be the ...
Liquidators: “… no obligation to conduct any investigations beyond the bare minimum …”
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It has been said of liquidators that in no other profession is a highly qualified professional expected to ...
Credit and financial services targeting those at risk of financial hardship
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The Senate Standing Committees on Economics has recommended that the Financial Services Royal Commission be given an extension ...
England’s approach to ‘phoenixism’ – joint and several liability
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English law’s latest proposed reforms in relation to abuse of its tax laws through insolvency, including through ‘phoenixism’, ...
Consumer protections – auction warranties; debt management firms; and gift cards and insolvencies
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The Ministers for Consumer Affairs of Australia and New Zealand recently met, on 26 October 2018 in Melbourne, ...
Treasury Laws Amendment (Measures for a later sitting) Bill 2018: Miscellaneous amendments
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The law reform process of going through a piece of legislation and picking up minor errors is useful ...
Insolvency law – assets and liabilities, activities and affairs – ASIC and AFSA
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ASIC has released its new Report On Company Activities and Property (ROCAP), said to have been the result ...
Debtors’ breathing spaces – UK reforms
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This UK government consultation concerns new arrangements proposed for a 60 day ‘breathing space’ for struggling debtors, and ...
The elephant in the room of SMEs
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It now seems that an old elephant in the room – about the misconduct of banks and financial ...