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Insolvency Insights: Can an unpaid seller stop goods in transit to obtain payment?
  • Cooper Grace Ward
  • Australia
  • June 16 2017

All Australian states have sale of goods legislation that, in certain circumstances, allows an unpaid seller to retain possession of goods in transit

Australian Insolvency Reforms - The Harbour Appears Safer Than it Was
  • K&L Gates
  • Australia
  • June 15 2017

On 1 June 2017, the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017 (Bill) was introduced to the House of Representatives. The

‘Phoenixing’ rising: corporate misuse of FEG sparks crackdown
  • Corrs Chambers Westgarth
  • Australia
  • June 2 2017

This week’s TGIF considers the recent proposals to crackdown on rogue directors and reduce the burden on FEG to pay unpaid workers. A last resort -

Safe harbour and ipso facto insolvency reforms coming soon
  • Clayton Utz
  • Australia
  • May 25 2017

The Federal Government's consultation on the safe harbour and ipso facto reforms in the draft Insolvency Laws Amendment Bill 2017 closed on 17 May

PPS leases get another makeover
  • Johnson Winter & Slattery
  • Australia
  • May 24 2017

The Personal Property Securities Act 2009 (Cth) (PPSA) applies to security interests in personal property including, but not limited to: leases that

Any Port in a Storm? Analysing safe harbour and ipso facto insolvency reforms
  • Corrs Chambers Westgarth
  • Australia
  • May 5 2017

Much has been written and discussed about Australia’s draconian insolvent trading laws and the Federal Government has taken note. It has released

Dealing with Statutory Demands
  • Bird & Bird
  • Australia
  • April 27 2017

The statutory demand process is widely used by companies wishing to secure prompt payment of debts owing by companies registered in Australia. This

Federal Government loses out on corporate collapse: The case for legislative reform
  • Corrs Chambers Westgarth
  • Australia
  • April 27 2017

A recent Victorian Supreme Court decision has resulted in the Commonwealth losing priority status for some $3.8m paid to the employees of a collapsed

Safe Harbour and Ipso Facto insolvency law reforms - What you need to know
  • Gilbert + Tobin
  • Australia
  • April 14 2017

On 28 March 2017 the Federal Government released for public consultation draft legislation (Treasury Laws Amendment (2017 Enterprise Incentives No

Achieving port in an insolvency storm - stays in a safe harbour?
  • Hall & Wilcox
  • Australia
  • April 7 2017

The government has released draft legislation reforming insolvency laws to create a 'safe harbour' defence for directors faced with an insolvent