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When will segregated bank accounts be considered trust moneys?

Corrs Chambers Westgarth
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Australia
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March 15 2013

In the recent decision of Re Sports Alive Pty Ltd (in liquidation) 2013 VSC 69, the Supreme Court of Victoria dealt with questions referred to it

A summary of major developments in key areas

Herbert Smith Freehills LLP
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Australia, European Union, Indonesia, Myanmar, United Kingdom
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March 7 2013

The Financial Reporting Council (FRC) and institutional bodies have published the following guidance in relation to corporate governance and

Supreme Court of New South Wales grants an extension of time to register a security interest, but subject to important conditions in in the matter of Cardinia Nominees Pty Ltd

Gilbert + Tobin
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Australia
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February 28 2013

This is the second case in which the New South Wales Supreme Court has granted an extension of time for registration of a security interest on the

General Counsel update - legal guide edition 32

Herbert Smith Freehills LLP
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Australia, China, Hong Kong, Indonesia, Myanmar, Singapore, United Kingdom
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November 29 2012

A summary of major developments in key areas

Administrators use Section 447D of the Corporations Act to secure an order allowing the sale of unclaimed plant and equipment although listed on the PPS Register

Hunt & Hunt
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Australia
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November 26 2012

The evidence before the court established that:there were 995 registrations on the Personal Property Securities Register ("PPSR"); even after writing to all creditors who had an interest recorded in the PPSR about 80 of secured creditors had failed to respond; and the administrators also wrote to a number of financiers, advertised in national and state newspapers and sent an email to 3000 creditors but 3685 items of plant and equipment remained unclaimed (representing 77 of the items of plant and equipment identified by the administrators

Loan to own strategies as viable restructuring tools

Clayton Utz
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Australia
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November 14 2012

Australian banks have historically relied on formal liquidation, voluntary administration and receivership processes available under the under the Corporations Act 2001 (Cth) and under general law where informal restructurings have failed

All the bells and whistles

Buddle Findlay
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Australia
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November 7 2012

As noted in our recent insolvency law update, the Western Australian Court of Appeal has recently delivered its judgment (comprising over 1,000 pages) on one of Australia's longest running pieces of litigation: Westpac Banking Corporation v The Bell Group (in liq) No 3

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

Channel Nine: still the one

Clayton Utz
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Australia
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October 18 2012

On 17 October 2012, Nine Entertainment announced that it had reached an agreement with representatives of its senior and junior lenders with respect to a restructuring of its financing arrangements

For directors and lenders in insolvency, for whom does the bell toll?

King & Wood Mallesons
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Australia
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August 21 2012

After 448 days in court, over 85,000 documents and more than 10 judgments, a special bench of the Western Australian Court of Appeal handed down its decision in Westpac Banking Corporation v The Bell Group Ltd (in liq) (No.3) 2012 WASCA 157 (Bell Appeal Decision

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Search results

When will segregated bank accounts be considered trust moneys?

A summary of major developments in key areas

Supreme Court of New South Wales grants an extension of time to register a security interest, but subject to important conditions in in the matter of Cardinia Nominees Pty Ltd

General Counsel update - legal guide edition 32

Administrators use Section 447D of the Corporations Act to secure an order allowing the sale of unclaimed plant and equipment although listed on the PPS Register

Loan to own strategies as viable restructuring tools

All the bells and whistles

Bell Group appeal: issues for directors and creditors

Channel Nine: still the one

For directors and lenders in insolvency, for whom does the bell toll?

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