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: Changes to VA
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.
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 […]
Standing to seek winding up order
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 [2016] NSWCA 360. This decision […]
Treasury releases discussion paper
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 […]
