SMALL BUSINESS INSOLVENCY REFORMS
On 10 December 2020, the Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 (Cth) (the “Bill”) was ...
Corporations Act
Extension of Insolvency Relief
The Federal Government has announced that the temporary insolvency relief implemented in March of this year ...
Virtual company meetings, counterpart and electronic executions for corporate business is now permitted under new treasurer determination
On 5 May 2020, Treasurer Josh Frydenberg made a determination as a result of the ongoing COVID 19 saga that ...
New Corporations Act Penalties Strengthening Protections for Employee Entitlements
Recent amendments to the Corporations Act 2001 (Cth) (the “Act”) seek to deter avoidance of the payment of ...
Combatting illegal phoenix activity
The federal government in an effort to combat illegal phoenix activity has introduced the Treasury Laws Amendment ...
Safe Harbour and Ipso Facto Reform
On 12 September 2017, the House of Representatives passed the Treasury Laws Amendment (2017 Enterprise Incentives ...
Can a Payment Made by an Insolvent Company to a Secured Creditor Still be an Unfair Preference Payment?
We recently provided advice to liquidators with respect to unfair preference payments made by the insolvent ...
When is a Company Insolvent?
Whether a company is insolvent can be relevant in a number of circumstances. A director of a company must ...
Priority Employee Entitlements and Liquidations of Corporate Trustees – Position Clarified but Legislative Reform is Required
A recent decision of the Victorian Supreme Court has highlighted the need for legislative reform with regards to ...
