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Joint insolvency regulat(ion)
The bankruptcy regulator, AFSA, has announced a new approach to its regulation of the 200 trustees in bankruptcy in Australia, focusing ...
Traill Bankruptcy Conference – much better than the corporate alternative
Read the funding proposal for ASIC’s regulation of liquidators and understand why bankruptcy is so much more advanced. Corporate insolvency practitioners, lawyers ...
More (and more) government inquiries
Two important Senate inquiries of 2014 and 2015 that lapsed at the election have been reinstated, but still with long ...
Insolvency Practice Rules 2016 – draft for comment
The Rules in support of the Insolvency Law Reform Act 2016 have been released in draft for comment by 4 ...
New Zealand Voluntary Administration Law – an independence challenge to the administrators
“Pre-appointment work, including involvement in the drafting of a proposed deed of company arrangement, is not unusual in the corporate ...
Insolvency practitioners’ offence reporting
Although the government is trying to distance any connection between wrongdoing and a company going into liquidation or a person ...
Review of the big banks
The Treasurer has asked the Standing Committee on Economics to inquire into and report on what is termed a Review ...
Another life insurance inquiry – respond by 18 November…..
The Parliamentary Joint Committee on Corporations and Financial Services is to report by 30 June 2017 on: the need for ...
QUT insolvency expertise
QUT is holding its international personal insolvency conference in Brisbane tomorrow and Friday – 8-9 September 2016 – with speakers ...
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. ...
Inquiries x 3: small business lending; external dispute resolution; financial ombudsman service
1. Inquiry into small business lending practices The Australian Small Business and Family Enterprise Ombudsman will undertake an inquiry into ...
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’ ...
Director identity numbers, and their frequent flyer equivalents
Among all the numerous recommendations the government has received about corporate insolvency reform, one has now been made three times ...
ASIC’s database, the Productivity Commission and Phoenix misconduct
Three stars have aligned this August – the Productivity Commission’s inquiry into data usage, the government’s pending decision on how ...
Misprision revived – accountants’ new legal obligations – APESB
Accountants are taking on an obligation to refer breaches of the law to the authorities, under changes to their international code ...
Concerns about liquidator misconduct hearings – no lawyer’s quibble
Concerns about the new processes to review the professional conduct of liquidators, and bankruptcy trustees, are discussed in light of ...
Queensland’s environmental protection “chain of responsibility” law – part 1
Queensland’s new chain of responsibility laws seek to broaden the legal scope of those who should be held accountable for ...
“when a company enters troubled waters” – the NZ approach to director conduct
While Australia considers how it should re-shape its insolvent trading laws, this June 2016 New Zealand decision illustrates how our ...
A list of international insolvency events and issues
As your correspondent attends insolvency gatherings in England and Belgium, he thought it useful to gather together some related events and ...
Joint regulator reports on insolvency practitioners?
What one lawyer has described as ASIC’s 50 page ‘reign of terror’ report on insolvency practitioners, based on its tone ...
Our insolvency law reform – will it all end in tears?
While Australia has been debating for too long what law we should have to assist in the recovery of distressed businesses, both ...
