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 […]
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 […]
The Insolvency Law Reform Act 2016 (Cth) (ILRA) makes a broad range of significant changes to corporate insolvency in Australia. This post will consider the changes to voluntary administration.
The Insolvency Law Reform Act 2016 (Cth) consolidates the powers of the court into two primary divisions of the new Insolvency Practice Schedule.
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 […]
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 […]
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 […]
The effect of bankruptcy on a beneficiary in a trust was considered recently by the Queensland Supreme Court in Fordyce v Ryan  QSC 307. This decision considered the effect […]
The NSW Court of Appeal has recently discussed the standing rules for applicants seeking a winding up order in Treadtel International Pty Ltd v Cocco  NSWCA 360. This decision […]
The Government’s Innovation Statement issued on 7 December 2015 adopted 3 recommendations from the Productivity Commission’s report ‘Business Set-Up, Transfer and Closure’ (released on the same day) aimed at promoting […]