Dangerous appointments - why section 436A resolutions should not be passed in Kings Cross Hotels

In the matter of Condor Blanco Mines Ltd [2016] NSWSC 1196 (30 August 2016) ("Condor Blanco Mines") In the recent matter of Condor Blanco Mines, the New South Wales Supreme Court considered an application by Condor to declare void the appointment of its Administrator. The Judgment refers to some peculiar...

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Date posted: 2016-10-06 | Comments(0)


Directors and advisers can be sued for a company’s wrongdoing - Fair Work and third-party liability

In a first of its kind, the Fair Work Ombudsman has commenced proceedings against an accounting firm for their involvement in contraventions of workplace laws committed by their client (Fair Work Ombudsman v Blue Impression Pty Ltd & Ors MLG2721/2015) ("Blue Impression"). Blue Impression is a...

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Date posted: 2016-09-23 | Comments(0)


Accounting firm sued for its client’s wrongdoing - Fair Work and third-party liability

In a first of its kind, the Fair Work Ombudsman has commenced proceedings against an accounting firm for its involvement in contraventions of workplace laws committed by its client (Fair Work Ombudsman v Blue Impression Pty Ltd & Ors MLG2721/2015) ("Blue Impression"). The client of the accounting firm (Ezy Account...

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Date posted: 2016-09-23 | Comments(0)


Shorter Bankruptcies to Save the Economy? ARITA concedes that the Government’s proposed Insolvency Reform could leave the system open to rorting

Welcome to the Ideas Boom reads the tagline for the Commonwealth Government’s National Innovation & Science Agenda’s webpage. Under the heading Insolvency Law Reform the reasons behind the proposed changes to our personal and corporate insolvency legislation are explained (our emphasis): More often than not, ent...

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Date posted: 2016-04-07 | Comments(0)


A New Resolution at the First meeting of Creditors under Administration

Hancock, in the matter of Tarleton & Peters Pty Limited (Administrator Appointed) [2015] FCA 1058 (24 September 2015) and Hancock, in the matter of Tarleton & Peters Pty Limited (Administrator Appointed) (No 2) [2015] FCA 1232 ("Tarleton") We have observed that many Administrators only call for ...

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Date posted: 2016-03-15 | Comments(0)


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