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Thinking posts
16 results16 results
Insolvency & Reconstruction| 25 Sep 2020
Time for action: temporary safe harbour limitations
The temporary safe harbour introduced by the Federal Government is not a panacea for directors of distressed businesses. It may be time to act now.
Insolvency & Reconstruction| 25 Sep 2020
Case update: NSW Court of Appeal provides guidance to liquidators on distributing investment funds
We consider the recent New South Wales Court of Appeal decision in Courtenay House. The decision concerned the distribution by liquidators of commingled investor funds, which were paid by investors (unwittingly) into a Ponzi scheme.
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.
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.
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 ...