Legal Update: Deputy Commissioner of Taxation v Scott [2015] QDC99

As part of our ongoing commitment to provide accountants and advisors with up-to-date information which assists in your business, we wish to bring to your attention a recent decision, handed down earlier this month, which has not been published in the public domain. We are on a unique mailing list which provides us with decisions which relate to tax ...

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Date posted: 2015-05-19 | Comments(0)


Preference Claim Action Timing

At Gavin Parsons and Associates we work hard to keep up to date with the latest developments in insolvency law and enjoy writing for insolvency publications on issues commonly faced by creditors, debtors and insolvency practitioners.  Most recently an article on preferential payments written by our Rebecca Ross in conjunction with Co...

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Date posted: 2015-05-11 | Comments(0)


From secured - to unsecured - and back to secured; can a creditor restore their unregistered security interest to its previous priority on the PPSR

Imagine you are appointed as Administrator and according to a PPS search there are no creditors with any security. You were told by the director that there probably was at least one secured creditor, but nothing is registered on the PPSR. After taking on the appointment, you hear that there was a registration at some time, but it was removed by...

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Date posted: 2015-04-09 | Comments(0)


PPSA Practical Solutions

How to register your client’s security interest when it was granted by a corporate trustee A registration on the Personal Property Securities Register (PPSR) is not intended to provide comprehensive details regarding the terms of the security in...

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Date posted: 2015-04-09 | Comments(0)


Pragmatism from the Victorian Supreme Court; when a transaction that elevates an unsecured creditor to a secured creditor will not be considered uncommercial

The Liquidators appointed to the company known as 640 Elizabeth Street Pty Ltd (“640”) have recently tested the boundaries of the Court’s opinion of a benefit received in connection with an uncommercial transaction. In 640 Elizabeth Street Pty Ltd (in liq) &Ors v Maxcon P...

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Date posted: 2015-04-08 | Comments(0)


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