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Insolvency relief not enough to hold back potential ‘tsunami’ of company failures
Restructuring & Insolvency March 24, 2020 12:55 pm By Christine Caulfield

Measures to relax insolvency and bankruptcy laws to stem a possible wave of COVID-19 company collapses will not achieve their goal — and if Australia […]

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Coronavirus claims first retail victim as Tigerlily files for administration
Restructuring & Insolvency March 23, 2020 5:07 pm By Cat Fredenburgh

Australian swimwear retailer Tigerlily has filed for voluntary administration, citing unfavourable conditions for retailers as the coronavirus pandemic shutters all but non-essential services in major […]

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‘One hearing and two interlocutory judgments have achieved precisely nothing’: Judge scolds parties in Parklea Market dispute
Real Estate March 23, 2020 6:23 pm By Miklos Bolza

A judge has criticised the parties in a land sale dispute over Sydney’s Parklea Markets for failing to make progress to bring the case to […]

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Insolvency, bankruptcy laws relaxed as government tries to keep businesses afloat
Restructuring & Insolvency March 22, 2020 9:11 pm By Christine Caulfield

Companies under financial strain from measures to stop the spread of the coronavirus will get a reprieve from insolvency and bankruptcy laws as the Federal […]

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Former Russells solicitor resolves unfair dismissal case against firm
Employment March 20, 2020 9:45 pm By Cat Fredenburgh

A former Russells restructuring and insolvency lawyer has resolved an unfair dismissal lawsuit alleging the firm tried to manufacture a reason to terminate his unemployment. […]

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ACCC can pursue car rental company for threatening customers despite liquidation
Competition & Consumer Protection March 12, 2020 4:38 pm By Christine Caulfield

The ACCC has been given the go-ahead to continue its regulatory action against car rental company Australian 4WD Hire over allegedly threatening emails, three months […]

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Sydney law firm hit with $2M class action over Ralan property advice
Class Actions March 11, 2020 5:21 pm By Miklos Bolza

A class action seeking almost $2 million in damages has been launched on behalf of Australian-Chinese investors against a Sydney law firm over advice on […]

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Liquidator criticised for ‘inheriting improper purpose’ in seeking to grill NRL boss
Restructuring & Insolvency March 6, 2020 6:22 pm By Miklos Bolza

A judge has set aside a liquidator’s bid for public examination of National Rugby League boss Todd Greenberg and another high-ranking officer, finding the summonses […]

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ASIC wins unconscionable conduct case against OTC derivatives issuer AGM Markets
Financial Services February 27, 2020 10:28 pm By Cat Fredenburgh

ASIC has notched up a win against derivative issuer AGM Markets and two of its authorised representatives, with a court finding they engaged in misleading, […]

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Former analyst pleads guilty to Big Un insider trading
White Collar February 25, 2020 2:12 pm By Cat Fredenburgh

A former Maple Brown Abbott analyst has pleaded guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed […]

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