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Insolvency & Reconstruction| 11 May 2020
The COVID-19 pandemic has created practical challenges for voluntary administrators. In this article, we review a number of recent decisions which highlight the flexibility within the voluntary administration regime, and the court’s approach in aiding voluntary administrators during their ...
Insolvency & Reconstruction| 23 Apr 2020
In what has been Australia’s largest corporate scalp in the wake of the COVID-19 pandemic, Virgin Australia has appointed partners from Deloitte as voluntary administrators. The decision to appoint administrators reportedly arose from the Federal government’s refusal to ...
Insolvency & Restructuring| 29 Jan 2020
The NSW Court of Appeal has overturned a decision at first instance and confirmed the Court’s power under the Insolvency Practice Schedule to review a casting vote made by an administrator who voted against the appointment of alternative liquidators. ...
Insolvency & Restructuring| 10 Jul 2019
On 19 June 2019, the High Court delivered its judgment in one of the most hotly anticipated insolvency judgments this year, the Amerind appeal: Carter Holt Harvey Woodproducts Australia Pty Ltd v The Commonwealth.1
Thinking| 05 Feb 2019
On 1 February 2019, following a whirlwind 12-month inquiry, Commissioner Hayne delivered his greatly anticipated Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. It was released to the public on 4 February 2019.