ILRA: Committees of Inspection
The Insolvency Law Reform Act 2016 (Cth) (‘ILRA’) remakes the rules on creditor committees in insolvency (called ‘committees of inspection’ or COI). This post will explain the new law and […]
Category Archives: Bankruptcy
ILRA new concepts
The second tranche of the Insolvency Law Reform Act 2016 (Cth) (‘ILRA’) started on 1.9.17. Over the next week, I’ll be doing a series of short posts on specific aspects […]
ILRA commencement issues
The commencement of the Insolvency Law Reform Act 2016 (Cth) is generating confusion in the insolvency industry. This post discusses the commencement provisions and notes a recent decision in bankruptcy […]
ILRA: Notice requirements
The Insolvency Law Reform Act 2016 (Cth) imposes a range of new notification requirements for both personal and corporate insolvency practitioners. This post considers the scope of Div 35 of […]
ILRA: New Court Powers
The Insolvency Law Reform Act 2016 (Cth) consolidates the powers of the court into two primary divisions of the new Insolvency Practice Schedule.
ILRA: Show Cause Notice
The Insolvency Law Reform Act 2016 (Cth) introduces a new power for personal and corporate insolvency regulators: the show cause notice. This note explains the scope and potential consequences of this […]
Insolvency Law Reform Act
The first stage of the Insolvency Law Reform Act 2016 (Cth) started on 1 March 2017, with the second and final stage due to commence on 1 September 2017. This […]
BA s60 and administrative rulings
The ability of a bankrupt to use s60(4) of the Bankruptcy Act 1966 (Cth) to continue with a challenge to an administrative determination was recently considered in Fisher v Transport for […]
Trust-busting revisited
The effect of bankruptcy on a beneficiary in a trust was considered recently by the Queensland Supreme Court in Fordyce v Ryan [2016] QSC 307. This decision considered the effect […]
