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Legislative Update: New Australian Insolvency Law Reforms Enacted for Small Businesses

In response to the emergence of the COVID-19 pandemic in Australia in 2020, the federal government injected an unprecedented level of stimulus into the Australian economy and introduced temporary law reforms aimed at...more

New Insolvency Processes for Small Australian Businesses

During the better part of 2020, the federal government has injected an unprecedented level of stimulus into the Australian economy in an attempt to mitigate the economic impact of COVID-19. As a result, despite a significant...more

Back on Top: Australian Court Affirms the "Peak Indebtedness Rule" in Unfair Preference Claims

The Situation: When determining and quantifying unfair preference claims in Australia, does the Corporations Act permit liquidators to value transactions forming part of a single "continuous business relationship" (such as a...more

(Mighty) River Runs Dry: Australian High Court Rules "Holding" DOCAs Are Valid

The Situation: The statutory moratorium period for voluntary administrators to restructure an insolvent company often is too short to find a solution. Administrators frequently utilise "holding" deeds of company arrangement...more

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