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Law reform
Abolition of the AAT, and its insolvency law matters
16/12/2022
AAT
objection to discharge
The Administrative Appeals Tribunal is to be abolished we are told and replaced by a new administrative law review body ...
Insolvent assetless MSMEs – all but forgotten?
14/12/2022
articles
regulation
technology
assetless companies
My commentary of October 2020 is re-issued, for readers’ interest. Does it matter that a company is insolvent such that ...
Rethinking Insolvency Practitioner Remuneration – Insolvency Law Bulletin
06/12/2022
remuneration
Had the decision in Re HRL Limited (in liq) [2022] VSC 693, allowing a “success fee” on insolvency practitioner (IP) ...
The latest Insolvency Law Bulletin – remuneration, trading trusts, financial product collapses, gender, and more
06/12/2022
gender
trading trusts
In the latest issue of the Insolvency Law Bulletin, we have an article on a simpler solution to insolvent trading ...
What is it about bankruptcy?
28/11/2022
bankruptcy
It was November 2015 that the then government announced a proposed reduction in the period of restrictions of bankruptcy to ...
TIP – The Insolvency Portal
27/11/2022
technology
The Insolvency Portal TIP
Finland
forms
My 2022 versions of the Bankruptcy Act and the Corporations Act retain much of the process and procedure found in ...
PJC insolvency inquiry – deregistered companies submission
16/11/2022
assetless companies
PJC Insolvency Inquiry 2022
An early submission to the Parliamentary Joint Committee inquiry into corporate insolvency from Mr Russell Morgan, liquidator, of 15 November ...
A productive insolvency regime – who knows?
15/11/2022
In the various calls for a holistic review of Australian insolvency law, there is little explanation of what exactly needs ...
The Parliamentary Joint Committee and “small business insolvency”
08/11/2022
small business
PJC Insolvency Inquiry 2022
The terms of reference of the current PJC inquiry into corporate insolvency refer at times to small business but given ...
NSW clubs and their insolvency appointments
03/11/2022
Registered clubs
The NSW Registered Clubs Act 1976 has a quaint provision – s 41 – providing that an insolvency appointee such ...
The several inquiries into ASIC
31/10/2022
ASIC
ILRA
PJC Insolvency Inquiry 2022
FRAA
There are now several government inquiries into ASIC, directly or indirectly, perhaps indicating either the breadth of ASIC’s remit, or ...
Australia’s review of its corporate insolvency laws – updated
26/10/2022
Preferences
peak indebtedness
PJC Insolvency Inquiry 2022
The hearing in relation to the law of set-off and insolvency in Metal Manufacturers Pty Limited Gavin Morton as liquidator ...
Initial industry views on the parliamentary joint committee on corporate insolvency
23/10/2022
PJC Insolvency Inquiry 2022
While submissions to the parliamentary joint committee on corporate insolvency are not due until 30 November 2022, some indication of ...
Ownership is sometimes but not always as it seems – presumptions for, presumptions against, and evidence
13/10/2022
presumption of advancement
resulting trust
A ‘wife’ has succeeded before the High Court in preventing the ATO claiming what it argued was her husband’s interest ...
Insolvency law ministers – personal, corporate, Indigenous, cross-border, employment and more
18/08/2022
Ministers
Relevant federal ministers whose portfolios involve insolvency law are primarily Mr Mark Dreyfuss QC as Attorney-General, Dr Jim Chalmers as ...
Oversight of deregistered companies
12/08/2022
Company deregistrations for failure to return statutory forms and pay fees have increased from nearly five times the number of ...
One small business restructuring practitioner
11/08/2022
Reforms to corporate insolvency laws commenced on 1 January 2021 to assist companies with liabilities less than $1 million. These ...
Try to resolve unpaid debt early, and leave insolvency as a “last resort”
02/08/2022
AFSA
ASBFEO
one year bankruptcy
Financial Counselling Australia
Each of AFSA, ARITA and Financial Counselling Australia has issued a statement calling for better processes for resolution of claims ...
Define “insolvency” – legislative drafting continued
02/08/2022
legislative drafting
OPC
In bills before the new 2022 parliament, our legislative drafters have continued with their consistent approach in relying upon 19th ...
Class actions and litigation funding – New Zealand law reform report
24/07/2022
class actions
litigation funding
While Australia is in the midst of some potential change in the law about litigation funding,[1] the New Zealand Law ...
Insolvency practitioner remuneration revisited
23/07/2022
International Insolvency Research Symposium.M Murray.RemunerationRevisited July 2022 – final This is a paper I gave at the recent International Insolvency ...
Insolvency law reform – conference paper
04/07/2022
This is the paper given by Professor Jason Harris and myself at the Society of Corporate Law Academics (SCOLA) conference ...
Who should pay for the costs of the administration of an insolvency?
11/06/2022
articles
UK
fees for going bankrupt
A debtor in Australia pays no fee to have themselves made voluntarily bankrupt. If that does not seem odd, then ...
Personal insolvency law and policy under the new Labor government in Australia
06/06/2022
Attorney-General
INSOL Academics
personal insolvency
With the Attorney-General Mr Mark Dreyfus QC in the process of picking up police and other responsibilities from the disbanded ...
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