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Insolvency
Australia
Madgwicks
Recommendations to the government from an insolvency expert regarding post-COVID struggling businesses.
Corrs Chambers Westgarth
This decision highlights the proper test that the Court will consider when deciding whether to terminate a DOCA.
Corrs Chambers Westgarth
Restructuring & Insolvency Comparative Guide for the jurisdiction of Australia, check out our comparative guides section to compare across multiple countries
Worrells Solvency & Forensic Accountants
A DOCA is a proposal recommended by company directors to provide creditors with a return better than a winding up scenario.
Corrs Chambers Westgarth
Liquidators seeking information from potential defendants on summons need only show that a cause of action possibly exists.
KordaMentha
This collapse of one of Germany's largest corporations should be considered today in Australia's corporate environment.
KordaMentha
Voluntary administration can be a valuable option to restructure a company into a leaner, more profitable entity.
Worrells Solvency & Forensic Accountants
Bankrupts can annul their bankruptcy by a section 73 proposal to creditors under section 74 of the Bankruptcy Act.
Worrells Solvency & Forensic Accountants
The effect of the termination of a DOCA in relation to personal guarantees provided to support the DOCA.
Worrells Solvency & Forensic Accountants
Insolvency practitioners assist to resolve various disputes which may achieve the best outcome for all stakeholders.
KordaMentha
Voluntary administration is a valuable option to restructure a company into a leaner entity, and not as a last resort.
Corrs Chambers Westgarth
The Court would not approve a transaction that would unjustifiably disadvantage one party at the expense of another.
Johnson Winter & Slattery
The Supreme Court of New South Wales has helpfully given guidance to the liquidators of the RCR Tomlinson Group on a number of unsettled questions
Coleman Greig Lawyers
Superannuation protection does not arise until the relevant superannuation fund member is officially bankrupt.
Cooper Grace Ward
This decision provides clarity for liquidators dealing with competing claims from employees and secured creditors.
Corrs Chambers Westgarth
The Court appointed a receiver to the business, in lieu of a provisional liquidator, to avoid questions of insolvency.
Holding Redlich
Because of COVID-19 challenges facing businesses, the Australian Government has relaxed laws relating to insolvency.
Corrs Chambers Westgarth
In recent case leave was granted for administrators to sell assets in which third parties claimed ownership or security interests.
Bartier Perry
A company goes into receivership when an independent person is appointed to protect the interests of a secured creditor.
Worrells Solvency & Forensic Accountants
When COVID-19 government relief measures expire, a significant jump in personal and corporate insolvencies is expected.
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