Loading...
Insolvency2018-07-13T13:42:58+11:00

Asset Protection

Protecting your hard-earned assets from legal liabilities and claims makes a lot of sense and involves forward thinking and planning. Ideally, you would like to ensure that your wealth-creation structures are separated from "risky business". Any entity conducting business is at risk because of the nature [...]

February 22nd, 2019|Commercial, Corporate, Insolvency|

Reminder of Relevant Principles in Applications for Extension of Time to Convene Creditors’ Meetings

Administrators often find themselves in a position where they need or desire further time to convene a second creditors’ meeting. The recent Federal Court case of Farnsworth v About Life Pty Limited (Administrator Appointed), in the matter of About Life Pty Limited (Administrator Appointed) [2019] FCA [...]

January 31st, 2019|Corporate, Insolvency, Litigation|

How an $8 PPSR security registration could have saved $50m of GE money

A major Personal Properties Security Act (PPSA) ruling in Forge Group Power Pty Limited (in liquidation)(receivers and managers appointed) (Forge) v General Electric International Inc  (General Electric) [2016] NSWSC 52 has highlighted for those involved in leasing, renting, hiring or otherwise lending assets, the importance of registering their security interest [...]

June 9th, 2016|Insolvency|