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Results: 1-10 of 621

Statutory Demand - strict time limits apply
  • Gadens
  • Australia
  • February 4 2016

The decision in Adhesive Pro Pty Ltd v Blackrock Supplies Pty Ltd 2015 ACTSC 288 reinforces the strict rule that an application to set aside a


Insolvency update: recovery of unreasonable director-related benefits
  • Jackson McDonald
  • Australia
  • January 18 2016

When a company becomes insolvent, Sections 588FA and 588FB of the Corporations Act 2001 (Cth) (Corporations Act) empower liquidators to investigate


‘Safe Harbour’ For Insolvent Trading: Australian Reforms Encourage Business Activity
  • Squire Patton Boggs
  • Australia
  • December 21 2015

In December 2015, as part of its National Innovation and Science Agenda, the Federal Government announced a proposal to introduce a 'safe harbour'


Safe harbours for startups and other directors
  • Piper Alderman
  • Australia
  • December 16 2015

On 7 December 2015, the Federal Government released the National Innovation and Science Agenda, delivering a range of new initiatives. Among the key


New dangers in safe harbour rules
  • Clayton Utz
  • Australia
  • December 14 2015

The Government's new approach to insolvency is long on rhetoric about risk taking and the need to remove the stigma of business failure. However, it


Pre-Judgment Freeze of Assets in Australia Upheld
  • Horwood Marcus & Berk
  • Australia
  • December 14 2015

A Singapore entity who had entered into a joint venture with an Indonesian entity brought suit in Singapore. The Indonesian entity owned shares in an


Clarity at last: Liquidators and receivers not required to account to the ATO under s 254 without an assessment
  • King & Wood Mallesons
  • Australia
  • December 10 2015

Today, by a majority of 3-2, the High Court of Australia in Commissioner of Taxation v Australian Building Systems Pty Ltd (in liq) 2015 HCA 48


Australia moves to implement a director ‘safe-harbour’ defence
  • Clyde & Co LLP
  • Australia
  • December 8 2015

The Australian government has announced a 'National Innovation and Science Agenda' to be introduced by the middle of 2017, which includes providing a


Safe harbours and unenforceable ipso facto clauses on the way for Australian insolvency law
  • Clayton Utz
  • Australia
  • December 8 2015

The Australian Government has accepted certain recommendations of the Productivity Commission's long-awaited Report on Business Set-up, Transfer and


Ideas boom full steam ahead - the Australian Government commits over $1 billion to science and innovation
  • Corrs Chambers Westgarth
  • Australia
  • December 8 2015

With the release of its much anticipated National Innovation and Science Agenda (the NISA), the Federal Government has committed more than $1 billion