The Demise of the Equitable Lien for Insolvency Practitioners' Fees and Costs? - 13 September 2007
The issue of insolvency practitioners’ fees and costs has been the subject of much judicial and public scrutiny. To date, much of the attention has focussed upon the procedure and basis for determining the reasonableness of the insolvency practitioner’s fees and costs.
Personal property security reform - Will you be affected? - 28 May 2007
In our previous Review, we outlined the current proposal to reform the law on personal property securities (PPS), including the proposal to replace the current system of registration with a single national register. In this Review, we examine which types of transactions may be affected by the PPS reform.
It's time to start thinking about personal property security reform - 9 May 2007
Reforming the law on personal property security (PPS) in Australia has been on the agenda for some time. However, the most recent proposal appears to be gaining momentum (including allocation of funding for the reform announced in last night’s budget). So it may be time to start thinking about how the proposed changes will affect your business.
Sons of Gwalia: shareholders as creditors - 1 February 2007
Are misled shareholders now to be treated equally with ordinary creditors in insolvency? For the moment, the answer is yes.
Increased redundancy pay under GEERS - 29 August 2006
On 22 August 2006, the Minister for Employment and Workplace Relations, Kevin Andrews, announced that the amount of unpaid redundancy pay under the General Employee Entitlements and Redundancy Scheme (GEERS) is to be doubled to 16 weeks.
Is there sufficient support for personal property securities law reform in Australia? - 24 April 2006
Australia has started down the path to change its personal property securities law to match USA, Canada and New Zealand. This could lead to a single national electronic scheme affecting all property other than interests in land. The Attorney-General, Philip Ruddock is driving the change. An Options Paper invites your comments by 2 June 2006.
Sons of Gwalia Limited - Federal Court appeal unsuccessful - 14 March 2006
Sons of Gwalia Limited is currently the subject of a deed of company arrangement. An investor, Mr Margaretic had bought Gwalia shares on the market 11 days before Gwalia went into administration. He claimed he was misled by the company, and that as a consequence he had claims against the company in damages.
Sons of Gwalia Limited - 10 October 2005
Members as creditors: Sons of Gwalia Limited (Administrators Appointed) v Margaretic [2005] FCA 1305.
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First-tier ranking, Restructuring and insolvency
PLC Which Lawyer? Yearbook 2008