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Mortgagee's entitlement to security for contingent liabilities

Australia - May 9 2016 Commonly, a mortgagor may wish to pay out or "redeem" a mortgage before all liabilities have crystallised, or in circumstances where the payout…

Louise Schmid.

Holding company director as “officer” of subsidiary under the Corporations Act

Australia - May 27 2020 In ASIC v King [2020] HCA 4, the High Court considered whether a director of a holding company was an "officer" of a subsidiary company for the…

Scott Couper, James Roland.

Federal Government introduces Insolvency Law Reform Bill 2015

Australia - December 10 2015 The Insolvency Law Reform Bill 2015 has been introduced into Parliament as part of the Australian Government's strategy to modernise and strengthen…

Small Business Insolvency Reforms - What this means for SME businesses as COVID restrictions ease and into the future

Australia - November 19 2020 Following Treasury’s announcement on 24 September 2020 that it will introduce a suite of reforms to Australia’s insolvency framework, the…

Natalie McCabe, Nicholas McKenzie-McHarg, Katie White.

Is 20 years too late for a bankrupt trustee to recover property under Section 127(1) of the Bankruptcy Act

Australia - May 27 2014 A bankrupt trustee has been unsuccessful in trying to recover property of a former bankrupt more than 20 years after the date of bankruptcy. The…