assetless

“Shock horror – insolvent people don’t have many assets”

While we wait for the useful annual statistics from AFSA as to dividend returns in bankruptcies in 2022-2023,* an insolvency ...

Liquidator remuneration is “a perfect example of the many competing interests that arise in a liquidation” …

and is “indicative of broader systemic factors within the insolvency system itself …”. The recent PJC Report on corporate insolvency ...

A regulator’s report on insolvency practitioner remuneration

Australia’s bankruptcy trustees receive an average of $4,800 in administering each estate, with 63% of estates paying no remuneration at ...

Selfies of Australian insolvency practitioners – not looking good …?

A recent Australian academic thesis reveals an insolvency industry comprising practitioners with low self-identity, lacking in self-confidence and with a ...