If anyone receives a letter from a liquidator of a company requesting, or demanding, important information, or payment of a …
My 2018 versions of the Bankruptcy Act and the Corporations Act retain much of the process and procedure found in …
RITANZ, the Restructuring Insolvency and Turnaround Association of New Zealand, has released its Code of Professional Conduct for its members, …
In reporting breaches of the law to ASIC, and triggering action by ASIC, liquidators are not required to express any …
This is a very brief commentary on and extracts from evidence given by Mr James Shipton and others from ASIC …
The following further commentary on insolvency – submissions due, events and conferences and case law – may be of interest. …
The following commentary on submissions due, events and conferences, professional standards, international and local, hearings and case law*, all in …
The appeal decision in the contentious matter of Macks v Viscariello has now been delivered. It needs to be read …
Some of us are waiting for Santa, others are waiting on anticipated updates in insolvency law so we can send …
The hearing of a challenge before the Administrative Appeals Tribunal of a Companies Auditors and Liquidators Disciplinary Board, (now CADB), …
Preventing the appointment of receivers to ‘family farms’ and using farm debt mediation instead seems to be an idea that …
A pending new publication on corporate restructuring contains these comments about Code obligations of insolvency accountants advising financially distressed and …
While the government is considering the various submissions on phoenix reforms, these quick thoughts came to mind, involving both government …
The most recent decision on insolvency practitioner independence confirms an ongoing trend of treating the fair-minded observer, whose view is …
ASIC’s 2016-2017 annual report has been released. The following comments focus on the report’s comments on ASIC’s oversight of liquidators …
Codes of conduct need to remain in step with on-going changes in the commercial and business worlds in which they …
woodfer The changes effected by the Insolvency Law Reform Act 2016 are now law with some parts having commenced on …
The changes effected by the Insolvency Law Reform Act 2016 are now law with some parts having commenced on 1 …
With Australia’s new insolvency laws commencing this Friday 1 September, there is a late flurry of activity from the legislature …
When a person inadvertently exercises powers without legal authority, a prompt legal response is required. The consequences can be serious, …
“The personal circumstances of DDQ offer a sad (but regrettably not uncommon) occurrence in contemporary professional life”. A disciplinary tribunal …
The concept of “potential” or “putative” insolvency administrators who have had “recent, long-term, substantial and remunerative involvement” with the company …
A Victorian Supreme Court decision gives some background to the regulator’s decision to reduce bankruptcy trustees’ remuneration by over $277,000, …
New section 30B of the ASIC Act allows ASIC to ask a liquidator to produce the ‘policies and procedures’ relating to external administrations and …
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