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13 results
Marshalling: how it can help a second mortgagee

Thinking| 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| 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| 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| 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 ...

Flying in turbulent times – the voluntary administration of Virgin Australia

Insolvency| 23 Apr 2020

Flying in turbulent times – the voluntary administration of Virgin Australia

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 ...