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Government and Administrative Law

The High Court weighs in: A corporate trustee’s right of indemnity from trust assets is found to be ‘property of the company’

On 19 June 2019, the much-anticipated High Court appeal in the matter of Carter Holt Harvey Woodproducts Australia Pty Ltd v The Commonwealth [2019] HCA 20 (also known as the "Amerind appeal") was handed down.   The decision resolves ...

Published by Andrew Lacey
26 July, 2019
Government and Administrative Law

New laws proposed by government to combat “sharp corporate practices”

Originally introduced in September 2018 and passed by both Houses of Parliament in April 2019, the Corporations Amendment (Strengthening Protections for Employee Entitlements) Bill 2018 seeks to deter corporate employers from avoiding their ...

Published by Andrew Lacey
20 May, 2019
Government and Administrative Law

The intersection between directors’ fiduciary duties and the right to recover payment

Insolvency – every director’s biggest nightmare. Under the Corporations Act s 459C, when a creditor serves a statutory demand on a company for an outstanding debt, the company will be presumed insolvent if it fails to comply with, or set asi...

Published by Andrew Lacey
26 February, 2019
Government and Administrative Law

The year ahead for directors: what’s in store for 2019?

The Federal Government has progressed a number of legislative initiatives that will impact on directors and are likely to come into effect in 2019 if they go ahead. The proposed new laws include significantly increasing civil and criminal penalties f...

Published by Andrew Lacey
19 December, 2018
Government and Administrative Law

Validity of holding DOCAs confirmed by High Court of Australia

In a previous article (which can be viewed here), we discussed the High Court’s grants of special leave ...

Published by Andrew Lacey
24 September, 2018
Government and Administrative Law

Respond to creditors’ demands, stat!

A company’s non-compliance with a statutory demand is the most common method of proving its insolvency in any winding up proceedings. Generally, if it does not make good the debt under the statutory demand within 21 days of service, the company will ...

Published by Foez Dewan
20 September, 2018
Government and Administrative Law

Liquidators denied access to financial information of trusts controlled by prospective defendant

The question in Pleash (Liquidator) v Tucker [2018] FCAFC 144 (29 August 2018) was whether financial documents of a discretionary trust ought to be produced for the purpose of a liquidator investigating the ability of an examinee (and former...

Published by Andrew Lacey
5 September, 2018
COVID-19

Australia introduces domestic violence leave

The Fair Work Commission has introduced unpaid domestic violence leave into all industry and occupational awards, effective 1 August 2018.  Subject to meeting evidentiary requirements, award-covered employees are now entitled to family and domestic v...

Published by McCabes News
10 August, 2018
Government and Administrative Law

Shareholder class action claimants entitled to “just estimate” of claims for voting purposes.

The recent decision of Brereton J in In the matter of SurfStitch Group Limited [2018] NSWSC 164 reinforces the nature and fundamental importance of the exercise of making a “just estimate” of the value of creditors’ claims for voting purpose...

Published by Andrew Lacey
5 April, 2018
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