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Stacks Law Firm
Temporary safety net minimises the threat of insolvency and bankruptcy to financially distressed businesses.
Vincent Young
The Coronavirus Economic Response Package Omnibus Act 2020 (Cth) (Act) has come into force. The Act, among other things, makes temporary amendments to the Australian insolvency
Article discusses the implications of the CERPO Bill on statutory demands, bankruptcy and insolvent trading.
These are some practical tips in light of the possible consequences of a customer becoming insolvent due to the pandemic.
Corrs Chambers Westgarth
Amongst other things, the Act makes significant changes to creditor's statutory demands and insolvent trading laws.
This government economic response hopes to prevent otherwise profitable and viable businesses from financial distress.
Cooper Grace Ward
In response to the COVID-19 pandemic, new laws have passed that grant temporary relief for businesses & individuals.
Article discusses the recent changes to statutory demands, bankruptcy & insolvent trading laws due to the COVID-19 pandemic.
Corrs Chambers Westgarth
A reminder that directors still must consider the interest of creditors in the zone of insolvency.
This coronavirus omnibus bill has made some sweeping changes to statutory demands, bankruptcy and insolvent trading.
McCullough Robertson
The Government has implemented a number of measures to protect directors from Australia's harsh insolvent trading law.
Kott Gunning
The article alerts clients to substantial changes that have been made in the areas of personal and corporate insolvency.
Corrs Chambers Westgarth
This week's TGIF considers a recent application to the Federal Court by liquidators of the WDS Group for a pooling order.
Corrs Chambers Westgarth
Solvency related issues could extend to suppliers and customers, and to the appointment of a voluntary administrator.
Corrs Chambers Westgarth
The Supreme Court set aside a liquidator's examination summons on the grounds of an abuse of process by the liquidator.
Corrs Chambers Westgarth
Directors need to keep appropriate records so as not to preclude the possibility of sanctuary under the Safe Harbour regime.
Corrs Chambers Westgarth
Directors may seek sanctuary from personal liability in the safe harbour regime, a relatively recent addition to the Act.
Corrs Chambers Westgarth
Supreme Court (NSW) considered the scope of advantage to an indemnifying creditor under s 564 of the Corporations Act.
Coleman Greig Lawyers
Directors and members of a company in liquidation can both make an application to the Court to undo a winding up order.
Bennett & Philp Lawyers
New laws aim to combat & deter illegal phoenix activity & reduce the harmful effects of phoenixing on the Australian economy.
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