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Insolvency & Reconstruction| 25 Sep 2020
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| 19 Jun 2020
In three related judgments delivered on 27 May 2020, Justice Davies found in favour of the liquidators of Gunns Limited (in liquidation) (Liquidators) against creditors Badenoch Integrated Logging Pty Ltd (Badenoch), Bluewood Industries Pty Ltd (Bluewood), and Edenborn Pty Ltd (Edenborn) for ...
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| 24 Apr 2020
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 ...
Insolvency & Reconstruction| 20 Apr 2020
Our Insolvency and Commercial Dispute Resolution team discuss how the temporary safe harbour and pre-existing safe harbour regime can help businesses get through the economic impacts of COVID-19. This article first appeared in Smart Company.