Bankruptcy Law and Insolvency Law

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Article
TGIF 26 June 2026 - Undertaking As To Damages Key To Court Refusing DOCA Restraint
The Federal Court has dismissed creditors' applications for interlocutory relief to restrain the effectuation of a deed of company arrangement involving a major Sydney CBD property development. The decision examines when courts will grant urgent relief in DOCA disputes, the critical importance of undertakings as to damages, and the circumstances under which a DOCA may be terminated for improper purpose.
Australia Insolvency
CC
Corrs Chambers Westgarth
Article
Voidable Transactions And Director Risk What Can Be Reversed
Voidable transactions allow liquidators to reverse pre-liquidation dealings that unfairly reduced creditor assets or improperly benefited certain parties. Under Part 5.7B of the Corporations Act 2001, liquidators can investigate unfair preferences, uncommercial transactions, and creditor-defeating dispositions—potentially years after they occurred—exposing directors, creditors, and related entities to repayment claims, examinations, and regulatory scrutiny.
Australia Insolvency
SL
Stonegate Legal
See more

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Article
TGIF 26 June 2026 - Undertaking As To Damages Key To Court Refusing DOCA Restraint
The Federal Court has dismissed creditors' applications for interlocutory relief to restrain the effectuation of a deed of company arrangement involving a major Sydney CBD property development. The decision examines when courts will grant urgent relief in DOCA disputes, the critical importance of undertakings as to damages, and the circumstances under which a DOCA may be terminated for improper purpose.
Australia Insolvency
CC
Corrs Chambers Westgarth
See more
Article
TGIF 26 June 2026 - Undertaking As To Damages Key To Court Refusing DOCA Restraint
The Federal Court has dismissed creditors' applications for interlocutory relief to restrain the effectuation of a deed of company arrangement involving a major Sydney CBD property development. The decision examines when courts will grant urgent relief in DOCA disputes, the critical importance of undertakings as to damages, and the circumstances under which a DOCA may be terminated for improper purpose.
Australia Insolvency
CC
Corrs Chambers Westgarth
Article
Voidable Transactions And Director Risk What Can Be Reversed
Voidable transactions allow liquidators to reverse pre-liquidation dealings that unfairly reduced creditor assets or improperly benefited certain parties. Under Part 5.7B of the Corporations Act 2001, liquidators can investigate unfair preferences, uncommercial transactions, and creditor-defeating dispositions—potentially years after they occurred—exposing directors, creditors, and related entities to repayment claims, examinations, and regulatory scrutiny.
Australia Insolvency
SL
Stonegate Legal
See more