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Bell Group appeal: issues for directors and creditors

Bell Gully
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Australia, New Zealand
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November 5 2012

In the latest episode in one of Australia's most complex and lengthy commercial disputes, the Western Australia Court of Appeal recently dismissed an appeal by a syndicate of banks (the Banks) from a decision in favour of the liquidators of the Bell Group (the Group

Bank owes no duty of care to creditor of customer

Buddle Findlay
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New Zealand
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July 1 2011

In ASB Bank Limited v Hall, the High Court confirmed that a bank does not owe a duty of care to a creditor, director or shareholder of a customer of the bank

First ranking chargeholder retains its interest upon property vestment

Buddle Findlay
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New Zealand
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December 19 2011

In Fenland District Council v Sheppard and others, FDC had spent £72,000 making a derelict property safe, which by the hearing date was worth less than half that amount

Consultation paper on insurance solvency standards

Russell McVeagh
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New Zealand
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February 13 2013

The Reserve Bank has published a consultation paper on insurance solvency standards: the quality of capital and regulatory treatment of financial

Recent GST cases address commissioner's priority to GST in insolvency and criteria for deregistration

Russell McVeagh
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New Zealand
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May 31 2012

Those statements from the Supreme Court and Court of Appeal should be refreshing reading for tax advisors

High Court clarifies PPSA priority race rules

Chapman Tripp
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New Zealand
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June 11 2012

It’s now official

Bankruptcy: canvassing other creditors not disqualifying conduct

Buddle Findlay
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New Zealand
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December 17 2010

Bank B sought adjudication in bankruptcy of F

Power to appoint receiver - the terms of your contract are important

Buddle Findlay
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New Zealand
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April 15 2011

In Taylor & Ors v Bank of New Zealand (HC, 14122010, Panckhurst J, Christchurch, CIV 2008-409-964), the High Court held that a bank's appointment of a receiver without any prior written notice to the debtor was in accordance with the terms of the security agreement and was therefore valid

Receivers liable for GST on mortgagee sales

Buddle Findlay
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New Zealand
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July 21 2011

The recent case of Simpson v Commission of Inland Revenue (HC, 1752011; Dobson J, Wellington, CIV 2010-485-1860) concerned the issue of whether receivers are personally liable to account for goods and services tax (GST) on the sale of six properties effected by them

Calculating mortgagee's priority amounts under deed of priority

Buddle Findlay
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New Zealand
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October 4 2011

In our October 2010 insolvency legal update, we reviewed the case of South Canterbury Finance Ltd v Nielsen, where the Court found in favour of second mortgagee, SCF, on the interpretation of a deed of priority

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Search results

Bell Group appeal: issues for directors and creditors

Bank owes no duty of care to creditor of customer

First ranking chargeholder retains its interest upon property vestment

Consultation paper on insurance solvency standards

Recent GST cases address commissioner's priority to GST in insolvency and criteria for deregistration

High Court clarifies PPSA priority race rules

Bankruptcy: canvassing other creditors not disqualifying conduct

Power to appoint receiver - the terms of your contract are important

Receivers liable for GST on mortgagee sales

Calculating mortgagee's priority amounts under deed of priority

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