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Can a debtor resist a bankruptcy arising from COVID-19?

So far the courts in Australia have not had to deal with many creditors’ bankruptcy petitions against debtors in the ...

Cross-border proof of an Australian bankruptcy

A certificate of appointment under Bankruptcy Regulation 8.02 in relation to a voluntary bankruptcy should generally be sufficient to support ...

Company deregistration – government’s fast track response to assetless companies

Fast-tracking insolvent assetless companies through a default de-registration process was introduced, in effect, by the Insolvency Law Reform Act 2016 ...

“Insolvency business is booming …” in the UK

Adrian Duncan was an insolvency practitioner in Australia years ago.[1]  He now practises in the UK and it seems is ...

Insolvency Law Bulletin – June 2020

The latest issue of the Insolvency Law Bulletin has just appeared containing a wide range of topics in personal and ...

Lawyers as directors of insolvency companies – restrictions on right to practise

Queensland lawyers who are directors of an insolvent company or an incorporated legal practice may have their right to practise ...

Leave to proceed against a bankrupt; but with questions about the legal representation

In an employee’s otherwise ordinary unpaid wages case the respondent employer went bankrupt mid- hearing and the employee’s legal representation ...

Australian Small Business Ombudsman’s ‘COVID-19 Recovery Plan’ – ‘turnaround and insolvency’

The Australian Small Business and Family Enterprise Ombudsman has issued a COVID-19 Recovery Plan, of May 2020. Within that the ...

Behind the UK government insolvency reforms

The Corporate Governance and Insolvency Bill has been introduced into the United Kingdom Parliament and is due for debate on ...

Insolvency practitioner independence – law and practice

One of Australia’s insolvency bodies, ARITA, has issued a reminder to its members about the need for liquidators to maintain ...

Lost in my translation – correction to bankruptcy trustee remuneration statistics

AFSA has properly drawn to my attention that figures I have given about the remuneration of bankruptcy trustees have not ...

Latest corporate insolvency update in Australia

Apart from its interest to Australian liquidators and bankruptcy trustees, the latest Corporate Insolvency Update[1] of the corporate insolvency regulator, ...

Protected: AFSA’s report on remuneration

There is no excerpt because this is a protected post.

Does insolvent trading work? The UK may not think so.

In the context of the review of the safe harbour provisions in Australia, there have been recent articles on insolvent ...

A pointless distinction in corporate insolvency

In the 19th century, where much corporate insolvency law thinking still remains, a distinction was made between court ordered liquidations ...

A liquidator disciplinary decision – some regulatory insights

A decision of a tribunal in Australia gives some insight into the insolvency practitioner discipline processes introduced in 2017, which ...

Accountants’ insolvency code updated

A new standard for insolvency practitioners – APES 330 – has just been issued written in APESB’s unique style and ...

International insolvency law and Australia’s UNCCA

A newly qualified Australian lawyer who was sponsored through UNCCA and LAWASIA to attend Insolvency Working Group V in Vienna ...

Choosing courts in cross-border insolvency applications

As a federation, Australia has a mix of state and territory and federal courts, each with their own jurisdictions. Jurisdiction ...

Contempt of newspapers

Mr Dyson Heydon has had his useful views about political criticism of judges’ decisions published in what is known as ...

The Federal Court and the Constitution – public lecture, 15 March, Canberra

A free public lecture on the Federal Court and the Constitution is being given at the ANU on this Thursday ...

Cleaning up the law – WA’s old diamond and other mines

The collapse of WA’s Ellendale diamond mine, and the liquidators’ prompt disclaimer of the mining site, leaving the clean up ...

Legislative drafting – 2017 reliance on a 1901 precedent

Modern Commonwealth laws still rely on 1901 drafting precedents despite changes in the law over the last 116 years. As ...

An economic perspective on trends in start-ups, and -downs

The federal government’s Innovation Statement of 2015 contained some simplistic aims for the promotion of entrepreneurial activity from proposed changes ...