technology

Insolvent assetless MSMEs – all but forgotten?

Does it matter that a company is insolvent such that something should be done by way of putting it into …

A health check of the Australian corporate insolvency system – updated

Commentary following issued in April 2020 is reissued in September 2020 in light of the reports that a significant proportion …

Surveys of Australian insolvency and turnaround professionals

An early survey of insolvency professionals in Australia in relation to the impact of COVID-19 reveals an apparent contradiction, that …

Academy of Law – access to justice, free speech on campus, science v law

The second public debate held by the Australian Academy of Law in its series on Access to Justice was held …

TIP – The Insolvency Portal

My 2018 versions of the Bankruptcy Act and the Corporations Act retain much of the process and procedure found in …

“in a daily newspaper circulating generally”

Our ’21st century’ corporate insolvency courts have reintroduced a 19th century rule requiring liquidators and others to place notices in …

ASIC and the PJC – hellholes, law enforcement, identity, funding, and more

Here are some selected snippets from the transcript of the PJC hearing oversighting ASIC, of 27 October 2017, the last …

Guerilla tactics needed against phoenix misconduct

While the government is considering the various submissions on phoenix reforms, these quick thoughts came to mind, involving both government …

What work was involved in this liquidation and why did it take the time and resources claimed?

A liquidator’s remuneration claim of over $350,000 for conducting the winding up a country dental practice involving 24 of his staff …

Senator Williams and the Finnish model of insolvency

A group of small insolvency practitioners has had raised in parliament its project aiming at a universal and consistent approach to …

Insolvency practitioners’ offence reporting

Although the government is trying to distance any connection between wrongdoing and a company going into liquidation or a person …

Single touch payroll – on its way into law

The Senate Standing Committee on Economics has given a report on the Budget Savings (Omnibus) Bill 2016 and has endorsed the Bill’s …

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 …