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It pays to break the vicious debtor cycle
- Bartier Perry
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- Australia
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- May 6 2013
In the hire industry, it is common for hirers to incur significant exposure on customer accounts where credit is extended in circumstances where
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
PPS leases - how the PPSA applies to your internal business structure
- Cooper Grace Ward
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- Australia
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- January 10 2013
The PPSA (Personal Property Securities Act) will celebrate its first birthday on 30 January 2013. The PPSA introduced fundamental changes for business
BLG Monthly Update
- Borden Ladner Gervais LLP
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- Argentina, Australia, Canada, United Kingdom, USA
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- December 19 2012
The BLG Monthly Update is a digest of recent developments in the law which Neil Guthrie, our National Director of Research, thinks you will find
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
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
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
NSW's shift on personal liability for corporate fault good news for insolvency practitioners
- Clayton Utz
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- Australia
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- August 16 2012
The proposed scaling back of directors' liability provisions is good news for insolvency practitioners
Supreme Court of Victoria considers the appropriateness of winding up orders in Sino International Development Pty Ltd & Anor v Mainland Projects (Oakleigh) Pty Ltd & Anor
- Gilbert + Tobin
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- Australia
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- July 24 2012
While the winding up of a company is a last resort in the context of shareholder oppression, the discretion to order a winding up will be exercised by the Courts if the circumstances dictate that it is the most appropriate remedy, such as where it will provide finality and certainty for the shareholders without undermining the value of the company’s projects to a potential purchaser on winding up
New legislation aimed at cracking down on “phoenix” company activity to commence on 1 July 2012
- Gilbert + Tobin
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- Australia
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- June 26 2012
ASIC’s new administrative powers to wind up companies strengthens the remedial measures that can be taken against business operators attempting to avoid liabilities by abandoning companies and should help employees access their entitlements
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