Delay

Caution against “reasoning backwards” in assessing the validity of liquidators’ litigation

A judge has cautioned against “reasoning backwards” to assume that insolvency practitioners’ failed or injudicious legal proceedings either should not …

‘Your place or mine, and for how long?’ – a lack of judicial independence

We might have noticed that courts in Australia and indeed in most comparable countries are usually housed in their own …

Insolvency law’s unfortunate ‘split commencement’

The unfortunate decision of the government to split the commencement date of the ILRA 2016 has created confusion, compounded by …

Insolvency Practice Rules 2016 released – Corporations and Bankruptcy

The Insolvency Practice Rules (Corporations) 2016 have now been released, without fanfare, and are on the Federal Register of Legislation.  The Insolvency …

Consolidated version of the new Bankruptcy Act 1966

CCH is publishing a consolidated version of the Bankruptcy Act 1966 as amended by the Insolvency Law Reform Act 2016. …

A silver lining in the insolvency law reform delay

The unfortunate delay in the commencement of the substance of the insolvency law reforms for one year, to 1 September …

Insolvency reforms further delayed

The Australian government has decided that insolvency practitioners need more time to implement long awaited law reforms aimed at improving practitioners’ …

Insolvency law reforms – no further delay …

In 2002, an eminent insolvency judge noted a drafting error in Ch 5 of the Corporation Act and recommended in …