Litigation & Dispute Resolution| 23 Feb 2021
The Federal Government has introduced a range of new laws to help combat illegal phoenix activity. We report on the tightened rules on resignations for directors.
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| 25 Sep 2020
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.
Insolvency & Restructuring| 23 Feb 2016
In a decision which potentially increases the assets available to liquidator and bankruptcy trustee plaintiffs, the High Court in CGU Insurance v Blakeley1 has recently determined that plaintiffs may seek to join insurers to proceedings in circumstances where indemnity under ...
Insolvency & Restructuring| 23 Dec 2015
On 1 December 2015, we wrote about the decision of His Honour Judge Chivell of the District Court of South Australia in Matthews v The Tap Inn Pty Ltd [2015] SADC 108. At the time we noted that the decision was subject to appeal, ...