Insights

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TGIF 11 September 2020 – Liquidation surplus: shareholder debts to be repaid before receiving bite of “Cherry”

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TGIF 4 September 2020 – Stand down: Court approves compromise of preference claim when validity of appointment challenged

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TGIF 28 August 2020 – Not ‘from the company’: Liquidators fail to claw back third party payment

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TGIF 21 August 2020 – Time is money – extending convening periods in light of COVID-19

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TGIF 14 August 2020 – The trade must go on: Federal Court orders director to disclose passwords to company servers and trading platforms

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TGIF 7 August 2020 – Public examination for private gain: NSW Court of Appeal clarifies Court’s power to make examination orders

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TGIF 31 July 2020 – Federal Court rejects claim that rent incurred during administration does not have priority over other unsecured debts

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TGIF 24 July 2020 – Deprived so revived: Owners Corp successfully reinstates developer to pursue alleged defect claims

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TGIF 10 July 2020 – A Bird in the Hand - Court refuses to terminate DOCA

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TGIF 3 July 2020 – Federal Court provides guidance on tools for liquidators investigating potential claims

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TGIF 26 June 2020 – Supreme Court declines to direct sale of a property which would buy out of guarantor’s rights of indemnity below value

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TGIF 19 June 2020 – Supreme Court favours receiver appointment in lieu of liquidator to avoid misconceptions of insolvency during COVID-19

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TGIF 12 June 2020: A sale in the face of a security – Court grants leave for administrators to sell secured property

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TGIF 5 June 2020: There is no voidance in delay: liquidator’s request for extension of time to bring voidable transaction proceedings refused

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TGIF 29 May 2020: 'Not worth the wait' : Court orders DOCAs be terminated with deed funds remitted to liquidators

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TGIF 22 May 2020: Taxing times for the Deputy Commissioner: Federal Court rules that payments made under a DOCA were unfair preferences