Mondaq Australia: Insolvency/Bankruptcy/Re-structuring
Worrells Solvency & Forensic Accountants
Article discusses what happens if there is a tax refund owing to the debtor in bankruptcy.
Worrells Solvency & Forensic Accountants
An empathetic article about the personal impact bankruptcy can have on the individual mentally, both before and after the fact.
Worrells Solvency & Forensic Accountants
Article highlights why directors should take steps to ensure that the company properly maintains & retains books & records.
Worrells Solvency & Forensic Accountants
Article provides six tips for advisors to consider when providing services to an insolvent entity.
Corrs Chambers Westgarth
The statutory presumption of insolvency did not arise as there had not been effective service of a statutory demand.
Carroll & O'Dea
The administration period can be difficult for a landlord, as their rights in relation to the premises are restricted.
Cooper Grace Ward
This is practical guidance for external administrators in responding to information requests from creditors and others.
Corrs Chambers Westgarth
Several proofs of debt were wrongly admitted or rejected; if correct, the company would not be put into liquidation.
Worrells Solvency & Forensic Accountants
The example was a liquidation where sales were being paid up front, but the company was still constantly short on cash.
Worrells Solvency & Forensic Accountants
A bankruptcy trustee has several powers and options to claim against a typical family trust or otherwise recover funds.
Jones Day
The receivers and the Commonwealth opposed the liquidators' position that the payments should be made by the liquidators.
Corrs Chambers Westgarth
When there is creditor opposition, a liquidator must demonstrate clear and cogent grounds in support of the compromise.
Corrs Chambers Westgarth
This case highlights a need to carefully consider the strategy that defendants take in ‘mothership' preference claims.
Madgwicks
Using an incorrectly spelt address when attempting to deliver a statutory demand proved to be a very expensive lesson.
Corrs Chambers Westgarth
The Court refused to validate resolutions for liquidators' remuneration when creditors were given inadequate information.
Cooper Grace Ward
Recovering debts from a company as a director can be a complicated process that needs to be carefully considered.
Corrs Chambers Westgarth
Continuing the story of Legend International where the Court found a company to be insolvent on the basis of a foreign debt.
Worrells Solvency & Forensic Accountants
Recent case identified the impact of bankruptcy provisions that require payment by bankrupt to bankruptcy trustee.
Worrells Solvency & Forensic Accountants
AFSA released the personal insolvency statistics for the December 2018 quarter, which continued the downward trend.
Worrells Solvency & Forensic Accountants
As part of Qld building industry fairness reforms, new laws strengthen the minimum financial requirements for licensing.
Most Popular Recent Articles
Corrs Chambers Westgarth
Several proofs of debt were wrongly admitted or rejected; if correct, the company would not be put into liquidation.
Worrells Solvency & Forensic Accountants
Article highlights why directors should take steps to ensure that the company properly maintains & retains books & records.
Jones Day
The receivers and the Commonwealth opposed the liquidators' position that the payments should be made by the liquidators.
Bryks Lawyers
Article discusses the prohibition on insolvent trading and the new safe harbour defence provisions.
Worrells Solvency & Forensic Accountants
Article discusses what happens if there is a tax refund owing to the debtor in bankruptcy.
Corrs Chambers Westgarth
The statutory presumption of insolvency did not arise as there had not been effective service of a statutory demand.
Worrells Solvency & Forensic Accountants
This article considers three major issues involved in how capital gains tax is treated in insolvency administrations.
Worrells Solvency & Forensic Accountants
Article provides six tips for advisors to consider when providing services to an insolvent entity.
Worrells Solvency & Forensic Accountants
An empathetic article about the personal impact bankruptcy can have on the individual mentally, both before and after the fact.
Surry Partners
Recent changes aim to discourage transactions which attempt to limit the amounts recovered by employees in liquidations.
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