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Execution of documents by directors: what presumptions can a third party rely upon?

Litigation & Dispute Resolution| 03 Jul 2020

Execution of documents by directors: what presumptions can a third party rely upon?

The Supreme Court of Queensland has examined quorum busting and the assumptions that can be made when dealing with a company under the Corporations Act 2001 (Cth) (Act). The decision is Gallop Reserve Pty Ltd v Matton Developments Pty Ltd [2019] QSC 113.

Marshalling: how it can help a second mortgagee

Litigation & Dispute Resolution| 26 May 2020

Marshalling: how it can help a second mortgagee

In this article, our Litigation and Dispute Resolution team explain the doctrine of marshalling, provide a practical example and examine a recent decision of the Victorian Court of Appeal.

Voluntary administration in a global pandemic: a time for flexibility

Insolvency & Reconstruction| 11 May 2020

Voluntary administration in a global pandemic: a time for flexibility

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 ...

The show goes on: court’s flexible approach to civil applications in light of COVID-19

Insolvency & Reconstruction| 05 May 2020

The show goes on: court’s flexible approach to civil applications in light of COVID-19

In the decision of Goyal handed down on 7 April 2020, Justice Markovic of the Federal Court has given approval to liquidators to enter into a litigation funding agreement under section 477(2B) of the Corporations Act 2001 (Cth). Our Dispute Resolution team explains ...

Australian Taxation Office clarifies what COVID-19 relief measures are available

Insolvency & Reconstruction| 24 Apr 2020

Australian Taxation Office clarifies what COVID-19 relief measures are available

Consistent with the Federal Government's economic reforms, the ATO was quick to offer businesses impacted by COVID-19 the opportunity to take advantage of relief measures. Recently, the ATO has provided further clarity on the relief available. Our Insolvency and Dispute ...