Mondaq Australia: Insolvency/Bankruptcy/Re-structuring > Insolvency/Bankruptcy
Corrs Chambers Westgarth
Recent decision serves as a reminder of the steps to be taken before commencing a 'mothership' preference claim proceeding.
Worrells Solvency & Forensic Accountants
The general rule in bankruptcy is that a person's property, including the family home, vests in the bankruptcy trustee.
Worrells Solvency & Forensic Accountants
Advisors and business owners should get early expert advice on this issue of employee versus contractor entitlements.
Worrells Solvency & Forensic Accountants
The premise of these arrangements allows consumers to obtain goods/services immediately and to pay for them over time.
KordaMentha
The construction industry represents 23% of all external administrations, despite accounting for only 8% to 10% of GDP.
Corrs Chambers Westgarth
This TGIF considers a refusal by the Federal Court to declare void or terminate a DOCA on certain grounds.
Corrs Chambers Westgarth
This week's TGIF considers when a special purpose liquidator might be appointed to investigate 'not viable' claims.
Cooper Grace Ward
Receivers, administrators and liquidators must ensure they meet their environmental responsibilities to avoid a penalty.
Corrs Chambers Westgarth
When a liquidator is appointed to an insolvent corporate trustee, the liquidator should seek appointment as a receiver.
Bartier Perry
The receivers or liquidators of a trustee company will now be required to pay out employee entitlements in priority.
Corrs Chambers Westgarth
Article considers recent case that confirms liquidators should approach the Court before taking steps to realise trust assets.
Worrells Solvency & Forensic Accountants
Often, the company director of a SME can be personally liable for a significant proportion of the company's liabilities.
Worrells Solvency & Forensic Accountants
Despite any sale contract terms about who is responsible for the employee entitlements, the Fair Work Act rules prevail.
Worrells Solvency & Forensic Accountants
The article raises awareness about legal and government initiatives to tighten the net around illegal phoenix activity.
Worrells Solvency & Forensic Accountants
The safe harbour laws provide company directors with an opportunity to explore restructuring opportunities.
Pointon Partners
Investors in a failed group of companies have recovered their lost money directly from the group's former directors.
Corrs Chambers Westgarth
Whilst it remains a high bar to remove them, liquidators must always be vigilant to ensure their independence is preserved.
Corrs Chambers Westgarth
This was an overview of the principles of a court's discretion to restrain a firm from acting against a former client.
KordaMentha
The construction industry is disproportionately represented in insolvencies, so developers should be aware of the risks.
Cooper Grace Ward
It is a defence to an unfair preference claim to show no reasonable grounds to suspect insolvency of the debtor company.
Most Popular Recent Articles
Cooper Grace Ward
Receivers, administrators and liquidators must ensure they meet their environmental responsibilities to avoid a penalty.
Corrs Chambers Westgarth
This TGIF considers a refusal by the Federal Court to declare void or terminate a DOCA on certain grounds.
Corrs Chambers Westgarth
This week's TGIF considers when a special purpose liquidator might be appointed to investigate 'not viable' claims.
Corrs Chambers Westgarth
When a liquidator is appointed to an insolvent corporate trustee, the liquidator should seek appointment as a receiver.
Bartier Perry
The receivers or liquidators of a trustee company will now be required to pay out employee entitlements in priority.
Bryks Lawyers
Article discusses the prohibition on insolvent trading and the new safe harbour defence provisions.
McCullough Robertson
The priority regime in the Corporations Act does apply to payment of trust creditors of an insolvent corporate trustee.
Worrells Solvency & Forensic Accountants
The article raises awareness about legal and government initiatives to tighten the net around illegal phoenix activity.
Worrells Solvency & Forensic Accountants
Often, the company director of a SME can be personally liable for a significant proportion of the company's liabilities.
KordaMentha
The construction industry is disproportionately represented in insolvencies, so developers should be aware of the risks.
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