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Judge signs off on Halifax liquidators’ plan to email creditors
Restructuring & Insolvency 2019-05-01 10:12 pm By Cat Fredenburgh

Creditors of defunct stockbroker Halifax Investment may soon get emails from the company’s liquidators, after a judge signed off on their request to keep creditors […]

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Judge won’t kill claim that court can wind up foreign company with no Aussie biz
Restructuring & Insolvency 2019-04-29 9:14 pm By Christine Caulfield

A judge has refused to summarily dismiss a claim that the Federal Court has inherent power to order the winding up of a foreign company […]

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Forex trader Berndale Capital placed into receivership
Restructuring & Insolvency 2019-04-26 12:48 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has won its bid for a court order placing Melbourne-based forex trader Berndale Capital into receivership for allegedly failing […]

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Deloitte can’t escape class action claims over failure of Dick Smith
Class Actions 2019-04-11 9:36 pm By Christine Caulfield

Accounting giant Deloitte has failed in its bid to strike out claims made in two shareholder class actions alleging it was careless in auditing the […]

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Liquidators settle case over collapse of funder Centaur Litigation
Restructuring & Insolvency 2019-04-08 11:30 pm By Christine Caulfield

Liquidators of failed Centaur Litigation have reached a settlement in their lawsuit against the accountant of fraudster Scott Williams, who was accused of lying to […]

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New laws target insolvent companies that try to dodge worker entitlements
Restructuring & Insolvency 2019-04-04 11:39 pm By Cat Fredenburgh

The Federal Parliament has passed laws that impose stricter penalties on company directors that try to shirk their duty to pay employee entitlements during an […]

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Lawsuit claims HWL partner helped divert insurance proceeds to settle legal tab
Legal Ethics 2019-04-03 11:29 pm By Cat Fredenburgh

An insolvent mobile ticketing company wants a slew of documents from HWL Ebsworth related to its allegations that an HWL partner aided its former directors […]

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Termite Resources directors must pay $7M for keeping insufficient cash on hand
Restructuring & Insolvency 2019-03-21 3:21 pm By Christine Caulfield

A judge has ordered directors of collapsed mining company Termite Resources to pay $7 million in damages after finding they breached their duty by distributing […]

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Receivers can pay priority claims of employees directly, judge rules
Construction 2019-03-20 10:32 pm By Christine Caulfield

Receivers, not just liquidators, can distribute assets to satisfy priority claims of an insolvent company’s employees, a judge has ruled, settling a question of law […]

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ASIC wins case to wind up landbanking scheme Aviation 3030
Securities 2019-03-19 11:54 pm By Christine Caulfield

The Australian Securities and Investments Commission has won its bid to appoint liquidators to solvent landbanking company Aviation 3030, with a judge saying ASIC’s public-interest […]

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