The regular insolvency statistics have been released by ASIC (corporate) and AFSA (personal), but with a current focus on insolvency reform for small business, we
In light of the eminent group usefully being convened in Melbourne tomorrow, 12 December 2025, to discuss what is proposed as a “minimal asset procedure”,
In order to stir comments on a forthcoming talk that I was giving on the law and economics of insolvency (wait for my one on
I was pleased to have presented some ideas on ‘filtering mechanisms’ for corporate restructuring at the annual insolvency academics network (IAN) gathering at Sydney Law
In preparing for a presentation before eminent insolvency law academics I thought I would test my thinking by presenting to an equally eminent economics colleague,
Dr Andrew Leigh is probably the first minister to oversee both personal and corporate insolvency, following the transfer of personal from Attorney-General’s to Treasury in
Back in 2010 the criminal misconduct of a liquidator led to a Senate inquiry and a recommendation for a new regulatory regime and a single
Next year, 2026, Australia will be the subject of a review by the World Bank under its new B-Ready assessment process. See my earlier report
Personal insolvencies increased marginally in September 2025, by 74, over last month – that is, there were 1,169 new personal insolvencies in September, up from
While ASIC reports its success in having a former company director convicted for trying to deregister his building company without disclosing it had a large
Those lawyers wanting a restoration of CAMAC to sort out the complexity of the Corporations Act can leave Chapter 5 – External Administration alone, it
Stigma surrounding the word “bankruptcy” continues, evident from negative terms with which it is often connected – treason (in the Australian Constitution)[1], sexual offending (aged
I was pleased to attend a panel session at Norton Rose Fulbright on 15 October 2025 – Breaking bread: slicing through the ‘inherent tension’ between
I am pleased to have received a copy of Corporate Restructuring, by Dr James O’Donovan, a 2,042 page book on the law concerning the ‘restructuring’
ASIC reports that it has appointed 60 suitably qualified and experienced liquidators to its Abandoned Company Liquidator Panel, effective from 6 July 2025. This follows
The bankruptcy of Alan Bond in the 1990s generated outraged sentiment and language which we may not feel and use today. My article at the
In explaining the consequences of bankruptcy for an individual, Keay’s Insolvency, 11th ed, [4.15] refers to the positive outcome for debtors of “the relief from
Both AFSA and the Australian Federal Police have issued ‘media releases’ about the sentencing of a lawyer to jail for perverting the course of justice
New personal insolvencies across Australia increased 5.3% in 2024-25, to 12,257 up from 11,644 in 2023–24. Business related personal insolvencies accounted for over 28% of
It would be an act of both supererogation and superfluity to superimpose observations on this synthesis. The Federal Court has approved under s 477(2B) of
In a recent patents law case, concerning veterinary pharmaceuticals, and processes for determining the novelty of a process the subject of a patent application, Justice
Those of a certain vintage with an interest in bankruptcy may remember New Directions in Bankruptcy, a publication of the then bankruptcy regulator ITSA from
The Paul Leroy former bankruptcy trustee “millions of dollars in missing funds” matter in the Federal Court continues, and continues, through so many adjourned court
Treasury Minister Dr Andrew Leigh has spoken of the merits and the need for data to assist in shaping government policy and action, given in
