Latest Insolvency News

the secrets of one of Australia’s worst online trolls – The Age - April 21, 2017

The Age the secrets of one of Australia's worst online trolls The Age In a ramshackle inner Sydney boarding house, surrounded by his collection of Adolf Hitler dolls, a 48-year-old unemployed neo-Nazi plies his trade as one of Australia's most aggressive online trolls. Nathan Sykes - a for.

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Australia: Sakr appeal (Remuneration of liquidators) successful – Mondaq News Alerts (registration) - April 21, 2017

Australia: Sakr appeal (Remuneration of liquidators) successful Mondaq News Alerts (registration) In November last year, the Court of Appeal heard the appeal from the decision of Justice Brereton on Mr Cliff Sanderson's remuneration application in Sakr Nominees Pty Ltd. Justice Brereton had hel.

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Raw deal for subcontractors in Builton collapse – Mondaq News Alerts (registration) - April 21, 2017

Raw deal for subcontractors in Builton collapse Mondaq News Alerts (registration) Today, external administrators were appointed to construction company, Builton, following an unpaid subcontractor's application to wind Builton up in insolvency. Where there is one unpaid subcontractor, others typ.

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Australia: Liquidator’s duty of care to guarantors – Mondaq News Alerts (registration) - April 21, 2017

Australia: Liquidator's duty of care to guarantors Mondaq News Alerts (registration) In Perpetual Nominees Limited v McGoldrick (No. 3) [2017] VSC 78, the Supreme Court of Victoria has held that a liquidator owes a common law duty of care to guarantors when exercising a power of sale to realise.

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Australia: Directors safe-harbour provisions about to set sail – Mondaq News Alerts (registration) - April 21, 2017

Mondaq News Alerts (registration) Australia: Directors safe-harbour provisions about to set sail Mondaq News Alerts (registration) On 28 March 2017, the Federal Government released draft reform legislation to Australia's insolvency laws to promote a culture of entrepreneurship and help reduce t.

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Australian Insolvency Laws Finally Almost Ready for Their Major Leap Forward – Lexology (registration) - April 18, 2017

Lexology (registration) Australian Insolvency Laws Finally Almost Ready for Their Major Leap Forward Lexology (registration) Last year, we reported that Australia had proposed significant insolvency reforms that, in our view, are long overdue ("A Major Leap Forward for Australian Insolvency Laws"). .

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