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Insolvency reforms further delayed

The Australian government has decided that insolvency practitioners need more time to implement long awaited law reforms aimed at improving practitioners’ ...

Liquidators’ remuneration further explained …

Obviously with an eye on the ‘controversy’ over how to assess liquidator’s remuneration, at least in NSW, Justice Robb of that Supreme ...

Concerns about liquidator misconduct hearings – no lawyer’s quibble

Concerns about the new processes to review the professional conduct of liquidators, and bankruptcy trustees, are discussed in light of ...

Queensland’s environmental protection “chain of responsibility” law – part 1

Queensland’s new chain of responsibility laws seek to broaden the legal scope of those who should be held accountable for ...

“when a company enters troubled waters” – the NZ approach to director conduct

While Australia considers how it should re-shape its insolvent trading laws, this June 2016 New Zealand decision illustrates how our ...

A mere 0.2% ‘rise’ in Australian bankruptcies but with bigger changes to come

While the usual hype about rates of personal insolvency in Australia might sell, a reported 0.2% rise in personal bankruptcies ...

INSOL Academics Conference – London 13-15 July 2016

The conference dinner, held at the Crypt of St Etheldreda, London on 13 July 2016.

Convergence of insolvency frameworks within the European Union

In 2014 the EU determined upon a new approach to insolvency law, to which its member states were to aim. ...

Insolvency law reforms – no further delay …

In 2002, an eminent insolvency judge noted a drafting error in Ch 5 of the Corporation Act and recommended in ...

A list of international insolvency events and issues

As your correspondent attends insolvency gatherings in England and Belgium, he thought it useful to gather together some related events and ...

Australian Academy of Law

The newsletter of the Australian Academy of Law for June 2016 is at this link.  

Liquidators’ perils in jumping the gun ….

A liquidator has been ordered to personally pay the legal costs of a creditor in a liquidation because he jumped ...

Liquidators’ remuneration – aren’t you all missing the point?

A proper funding model for the insolvency profession is needed, partly to end the interminable debate about the cost of ...

Joint regulator reports on insolvency practitioners?

What one lawyer has described as ASIC’s 50 page ‘reign of terror’ report on insolvency practitioners, based on its tone ...

The Listing of The Halcyon Isle

This concerns maritime liens and the law by which they should be determined when the ship is arrested in Australia. ...

Remuneration of liquidators – Sakr Nominees – 1 November hearing

Criticism of inconsistency in judicial decision making in determining the amount liquidators should be paid for the work they do ...

Our insolvency law reform – will it all end in tears?

While Australia has been debating for too long what law we should have to assist in the recovery of distressed businesses, both ...

Launch of Keay’s Insolvency 9th ed, and a call for law reform

A call for a major overhaul of our insolvency laws was made by Michael Murray and Associate Professor Jason Harris ...

Government progress (or lack of it) on insolvency law reform

‘Progress’ on Insolvency Law Reform by Michael Murray See my recent comments at this link. Some will be aware that ...

PRC Shipbuilding Disputes in London Arbitration: The Threat of Parallel Proceedings in China and the Consequences and Possible Alternatives

This article by Peter Murray and Lin Jiang examines the legal system in China and how on the one hand ...