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Cancellation of a liquidator’s registration
09/07/2023
ASIC
practitioner regulation
While England is still deciding whether to change its system of insolvency practitioner regulation from one of co-regulation by professional ...
Should the firms of insolvency practitioners be regulated, along with the practitioner?
23/06/2023
Insolvency Service UK
IP regulation
PJC Insolvency Inquiry 2022
firms
While Australia is currently focusing on the standards of conduct of accounting firms, and their partners – see Ethics and ...
World Bank’s B-Ready Report on country business systems, including on the efficiency of corporate insolvency systems
05/05/2023
World Bank
B-Ready report
SME
This explains the World Bank’s new Business Ready initiative, which will report on the business systems of up to 180 ...
ASIC’s insolvency law enforcement role
27/03/2023
ASIC
PJC Insolvency Inquiry 2022
The Senate Economics References Committee is loading up submissions received on its reference into ASIC’s capacity and capability to “undertake ...
Attorney-General’s Roundtable on Personal Insolvency
23/03/2023
A summary of priority issues discussed at the Attorney-General’s personal insolvency law reform roundtable held on 2 March 2023 has ...
Bankrupt succeeds in gaining access to trustees’ notice to produce
21/02/2023
77A notice
requests for information
A bankrupt has successfully obtained a copy of a s 77A notice to produce served by his trustees on the ...
How low can we go – funding the insolvencies of assetless estates
20/01/2023
articles
General
NZ
UK
Obvious as it is to say, insolvency involves limited or no money, and how to fund its existence as a ...
Penalties imposed on debt agreement administrator for false and misleading, threatening and coercive conduct against debtors
16/12/2022
AFSA
ASIC
debt agreements
ASIC has succeeded in obtaining penalties against A & M group for false and misleading threatening and coercive conduct against ...
Insolvent assetless MSMEs – all but forgotten?
14/12/2022
articles
regulation
technology
assetless companies
My commentary of October 2020 is re-issued, for readers’ interest. Does it matter that a company is insolvent such that ...
TIP – The Insolvency Portal
27/11/2022
Finland
forms
General
Insolvency profession
My 2022 versions of the Bankruptcy Act and the Corporations Act retain much of the process and procedure found in ...
PJC insolvency inquiry – deregistered companies submission
16/11/2022
assetless companies
PJC Insolvency Inquiry 2022
An early submission to the Parliamentary Joint Committee inquiry into corporate insolvency from Mr Russell Morgan, liquidator, of 15 November ...
A productive insolvency regime – who knows?
15/11/2022
In the various calls for a holistic review of Australian insolvency law, there is little explanation of what exactly needs ...
NSW clubs and their insolvency appointments
03/11/2022
Registered clubs
The NSW Registered Clubs Act 1976 has a quaint provision – s 41 – providing that an insolvency appointee such ...
Anti-money laundering laws – where are we at?
31/10/2022
AML
All bills before parliament before the 2022 election have lapsed. Hence, a pre-April 2022 Bill in response to a 2016 ...
The several inquiries into ASIC
31/10/2022
ASIC
ILRA
PJC Insolvency Inquiry 2022
FRAA
There are now several government inquiries into ASIC, directly or indirectly, perhaps indicating either the breadth of ASIC’s remit, or ...
Australia’s review of its corporate insolvency laws – updated
26/10/2022
Preferences
peak indebtedness
PJC Insolvency Inquiry 2022
The hearing in relation to the law of set-off and insolvency in Metal Manufacturers Pty Limited Gavin Morton as liquidator ...
The annual reports of the insolvency regulators
23/10/2022
ASIC annual report
AFSA annual report
Public sector annual reports nowadays are often more inward looking than in the past, agencies being required to report on ...
International insolvency regulators’ conference – some current comparative issues
25/09/2022
AFSA
ASIC
IAIR
The International Association of Insolvency Regulators’ Annual Conference was held in England from 26-29 September 2022. Australia’s reported contribution to ...
Corporate plans of the insolvency regulators
08/09/2022
ASIC corporate plan
AFSA corporate plan
The corporate plans of Australia’s two insolvency regulators have been released – AFSA and ASIC In order to assist in ...
Insolvency law ministers – personal, corporate, Indigenous, cross-border, employment and more
18/08/2022
Ministers
Relevant federal ministers whose portfolios involve insolvency law are primarily Mr Mark Dreyfuss QC as Attorney-General, Dr Jim Chalmers as ...
Keay’s Insolvency – Personal and Corporate Law and Practice, 11th ed, 2022
03/08/2022
We are pleased to have published the 11th edition of our textbook, Keay’s Insolvency – Personal and Corporate Law and ...
Class actions and litigation funding – New Zealand law reform report
24/07/2022
class actions
litigation funding
While Australia is in the midst of some potential change in the law about litigation funding,[1] the New Zealand Law ...
Reprimand and more for a liquidator – that’s about as much as we know
17/07/2022
ARITA
ASIC
reasons for decision
Registration and discipline processes
By a media release ASIC has reported that a disciplinary committee has decided to reprimand a liquidator, Nicholas Crouch, under ...
Can insolvency practitioners afford to be generous?
20/06/2022
AFSA
bankruptcy
trustee remuneration
R3
The Australian bankruptcy regulator, AFSA, has published what it terms a series of “exemplar behaviour case studies [to] showcase examples ...
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