When a person inadvertently exercises powers without legal authority, a prompt legal response is required. The consequences can be serious, as two company liquidators, and
A list of conferences for the rest of the year, into 2018 in some of which one or other of the team at Murrays Legal is
In evidence before the Senate Select Committee on Lending to Primary Production Customers on 11 August 2017, the Chief Executive of the Australian Bankers Association, Anna
Anna Bligh, the Chief Executive of the Australian Bankers Association, has recently spoken of the “strong and mutually beneficial relationship between the banking sector and the
While a retailer’s $99.99 is a typical example of psychological pricing, the Tax Commissioner’s figure of $8,453,699.99 is not. Rather, is it the amount claimed
The personal and financial suffering that a victim of a serious physical crime can go through, and the costs of pursuing justice, are displayed incidentally
“The personal circumstances of DDQ offer a sad (but regrettably not uncommon) occurrence in contemporary professional life”. A disciplinary tribunal dealt with the circumstances of
Ms Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman, is reported to have called “on the insolvency sector to improve its accountability and
The concept of “potential” or “putative” insolvency administrators who have had “recent, long-term, substantial and remunerative involvement” with the company before they are appointed to
A Victorian Supreme Court decision gives some background to the regulator’s decision to reduce bankruptcy trustees’ remuneration by over $277,000, a decision being challenged in
An appeal court has confirmed a finding that a liquidator who did not telephone a director to inquire about money apparently transferred by the company
In a speech given to ARITA’s conference on 9 August 2017, Justice Ashley Black of the NSW Supreme Court has given a descriptive overview of
There is no excerpt because this is a protected post.
To mark the 10th anniversary of the Australian Academy of Law (AAL), the 90th anniversary of the Australian Law Journal (ALJ), and the 30th anniversary
While the new safe harbour law[1] is the end result of some years of torturous debate, still on-going, it is also only the start of
Mr Merante was an employee of a company for 15 years, from 2000 until shortly after it went into voluntary administration and then liquidation, on
There can be a connection between a person’s mental health and their financial distress. In business, one can feed off the other, likewise in relation to
The significance of bankruptcy and the need for its law to be clear and predictable is emphasized in a recent judgment of the Chief Justice of the Federal
The Black Economy Taskforce has released a discussion paper outlining a number of additional policy ideas which draw on its recent public and stakeholder consultations.
The Banking and Financial Services Law Association is holding its annual conference in Brisbane on 31 August-1 September 2017, in Brisbane. Its pre-eminent judicial speakers
My preparation for a major banking and financial services conference[1] has prompted this quick review of where Australia is at with banking and insolvency related
New section 30B of the ASIC Act allows ASIC to ask a liquidator to produce the ‘policies and procedures’ relating to external administrations and receiverships that the liquidator ‘has
Economic analyses of insolvency in Australia are strangely limited, given that a major purpose of an insolvency regime is its support of economic efficiency. Particular economic purposes
