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China’s trade sanctions: what Australian industries need to consider

Turnaround & Corporate Renewal| 18 Nov 2020

China’s trade sanctions: what Australian industries need to consider

While most of our attention this year has been focused on the COVID-19 situation, the trade difficulties that have been unfolding between Australia and our leading importer, China, have escalated.

Time for action: temporary safe harbour limitations

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.

Case update: NSW Court of Appeal provides guidance to liquidators on distributing investment funds

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.

Good reasons for directors to comply with safe harbour during insolvency trading moratorium

Insolvency & Reconstruction| 09 Sep 2020

Good reasons for directors to comply with safe harbour during insolvency trading moratorium

Despite the extension of the insolvent trading moratorium, directors should still satisfy the usual requirements of the safe harbour against insolvent trading if they can.

Temporary insolvency protections extended

Insolvency & Reconstruction| 07 Sep 2020

Temporary insolvency protections extended

The Federal Government today announced the temporary six-month moratorium from insolvent trading liability has been extended until 31 December 2020.