Just a quick update to share details of a couple of insolvency events I’m involved in. Firstly, I chaired a webinar this week on the decision in Dalian Huarui Heavy […]
There is expected to be a wave of businesses and individuals going into liquidation or bankruptcy despite the huge financial measures being taken by the government. These insolvencies will occur […]
Here is a recording of the free webinar on September 30th 2019 that I ran for the Ross Parsons Centre at Sydney Law School. The webinar featured Dr Zofia Bednarz, […]
The Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 was reintroduced into Federal Parliament on 4 July 2019, after lapsing at the last election. This Bill is another example of using […]
Facilitating restructuring and turnaround of companies in financial difficulty is one of the goals of Australia’s modern corporate insolvency laws. A recent case (Walton Constructions) has highlighted some of the […]
This post compares the numbers of companies using corporate rescue laws across Australia, Canada, England and the United States.
I’ve been reading over several ASIC statistical reports recently while working on my PhD and some figures really jumped out at me in the Series 3.3 (time series) report from […]
Amendments to the Corporations Act in 2010 to address concerns with the effect of the High Court’s Sons of Gwalia decision introduced a new regime for insolvency practitioners to deal […]
The case of Macks v Viscariello  SASCFC 172 considers a number of important issues relating to duties of voluntary administrators. The Full Court’s decision finalises a long-running saga involving several […]
Recent Australian decisions have applied the ultimate beneficiary test for determining who is a creditor for the purposes of voting on a creditors’ scheme that seeks to restructure corporate bonds.