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“All for one and one for all” : creditor successfully appoints SPLs to undertake tasks only it is willing to fund
  • Corrs Chambers Westgarth
  • Australia
  • March 10 2017

This week’s TGIF considers a decision of the Victorian Supreme Court which examined the merits of appointing special purpose liquidators in

General Counsel Update - February 2017
  • Herbert Smith Freehills LLP
  • Australia, China, European Union, Hong Kong, Indonesia, Singapore, United Arab Emirates, United Kingdom
  • March 1 2017

When we began analysing in depth the possibility of Britain exiting the European Union, 18 months prior to the June

Quantifying A Claim for Insolvent Trading - Case Update
  • Baker McKenzie
  • Australia
  • January 9 2017

In a wide-ranging decision, Justice Black sitting in the Supreme Court of NSW has clarified the principles relevant to quantifying the compensation

Australia Law Year in Review 2016 and Year to Come 2017
  • Linklaters LLP
  • Australia
  • January 5 2017

From 1 January, a new MAAL (broadly based on the first limb of the United Kingdom's Diverted Profits Tax) applies to 'significant global entities' to

Winding-up companies in a partnership - guidance for liquidators who are appointed to companies acting in partnership
  • Piper Alderman
  • Australia
  • December 20 2016

A recent Western Australian Supreme Court case considered the insolvency of a partnership comprised of corporate members. When a partnership is

Director's entitlement to receiver's books justified
  • Buddle Findlay
  • Australia
  • December 13 2016

In Navarac v Pty Ltd v Carrello 2016 WASC 327, the court-appointed receiver and manager of Esperance Cattle Company Pty Ltd had applied for orders

Tax Planning: never lose sight of the forest from the trees
  • Minter Ellison
  • Australia
  • December 1 2016

The Federal Court of Australia has handed down a decision that is a salutary reminder to directors that, in any corporate tax planning, it is

Timbercorp investors have the right to defend loan recovery claims
  • Cordato Partners
  • Australia
  • November 15 2016

The Timbercorp Group invested in agribusiness Managed Investment Schemes on behalf of some 18,500 investors. Many investors in the schemes entered

Pre-packs in Australia: where are we now?
  • DLA Piper LLP
  • Australia
  • November 14 2016

The use of pre-packs or pre-positioned asset sales in Australia has traditionally been limited. This is a result of impediments to such transactions

Liquidators retain power to publicly examine
  • King & Wood Mallesons
  • Australia
  • November 10 2016

The High Court this afternoon unanimously dismissed Clive Palmer and Ian Ferguson's challenge to the constitutional validity of section 596A of the