Insights

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TGIF 30 September 2022 - Inquiry into Australia’s corporate insolvency regime commences

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TGIF 23 September 2022 – Court orders costs against funder of liquidator’s failed defence

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TGIF 16 September 2022 – Court relieves administrators of liability for entry into funding agreement with creditor

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TGIF 9 September 2022 – Nothing to investigate in board’s nimble refinancing with new investors

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TGIF 2 September 2022 – Court rejects proof of debt based on alleged entitlement under SOP Act

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TGIF 26 August 2022 – Administrators protected from personal liability and permitted to trade on

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TGIF 19 August 2022 – Mortgagor alleges duty of care breach during COVID-19 pandemic property sale

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TGIF 12 August 2022 – Court finds statutory duties breached by ‘de facto director’

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TGIF 5 August – Court grants permission to investigate company despite limited expected returns

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TGIF 29 July 2022 – Court appoints provisional liquidator after relationship breakdown

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TGIF 22 July 2022 – Liquidating debts: three good reasons to settle for less

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TGIF 15 July 2022 – Court grants leave for service of summons outside the jurisdiction

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TGIF 8 July 2022 – Unreasonable director-related transactions left creditors ‘hanging out to dry’

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TGIF 1 July 2022 – Court imposes travel ban on director

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TGIF 24 June 2022 - Statutory demands: the formalities that bind

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TGIF 17 June 2022 – Court agrees with Administrators’ decision to reduce a $5 million proof of debt to one dollar