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Thinking posts
12 results12 results
Thinking| 10 Jul 2019
High Court provides certainty for corporate trustees: Amerind
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| 21 Sep 2017
Anchors dropped! Safe harbour now open for directors
On 11 September 2017, the Commonweath Parliament passed the Treasury Law Amendments (2017 Enterprise Incentives No.2 Bill).
Thinking| 23 Aug 2017
Shelter from the storm is near – An update on the director safe harbour / ipso facto regime
The Senate Economics Legislation Committee has recommended that the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017 (Bill) which provides a ‘safe harbour’ defence and automatic stays on certain ipso facto clauses be passed.
Thinking| 07 Apr 2017
Achieving port in an insolvency storm – stays in a safe harbour?
The government has released draft legislation reforming insolvency laws to create a ‘safe harbour’ defence for directors faced with an insolvent trading claim, together with a statutory stay on the enforcement of ipso facto clauses when a party to a ...
Thinking| 29 Mar 2017
Khoury Report – substantial reforms for small business lending
On 20 February 2017, Mr Khoury published his final report of the Independent Review of the Code of Banking Practice (Code).