Concerns about the new processes to review the professional conduct of liquidators, and bankruptcy trustees, are discussed in light of the litigation approach taken by
Queensland’s new chain of responsibility laws seek to broaden the legal scope of those who should be held accountable for environmental obligations of a failed
While Australia considers how it should re-shape its insolvent trading laws, this June 2016 New Zealand decision illustrates how our neighbour’s comparative legal approach works,
While the usual hype about rates of personal insolvency in Australia might sell, a reported 0.2% rise in personal bankruptcies is hardly news, even if
The conference dinner, held at the Crypt of St Etheldreda, London on 13 July 2016.
In 2014 the EU determined upon a new approach to insolvency law, to which its member states were to aim. The broad approach was to
In 2002, an eminent insolvency judge noted a drafting error in Ch 5 of the Corporation Act and recommended in her judgment the need for
As your correspondent attends insolvency gatherings in England and Belgium, he thought it useful to gather together some related events and issues across the globe. UNCITRAL
The newsletter of the Australian Academy of Law for June 2016 is at this link.
A liquidator has been ordered to personally pay the legal costs of a creditor in a liquidation because he jumped the gun in assuming the
A proper funding model for the insolvency profession is needed, partly to end the interminable debate about the cost of administering the regime, focused as
What one lawyer has described as ASIC’s 50 page ‘reign of terror’ report on insolvency practitioners, based on its tone and content, is a bit
This concerns maritime liens and the law by which they should be determined when the ship is arrested in Australia. A significant court appeal was
Criticism of inconsistency in judicial decision making in determining the amount liquidators should be paid for the work they do is the subject of the
While Australia has been debating for too long what law we should have to assist in the recovery of distressed businesses, both the UK and Europe are considering more
A call for a major overhaul of our insolvency laws was made by Michael Murray and Associate Professor Jason Harris at recent launch of the
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In introducing new insolvency reforms – what will be the Insolvency Law Reform Act 2016 – the government has claimed that “probably 95 per cent—or
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‘Progress’ on Insolvency Law Reform by Michael Murray See my recent comments at this link. Some will be aware that various law reform proposals for
This article by Peter Murray and Lin Jiang examines the legal system in China and how on the one hand it is seen as biased
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