Bankruptcy can be a daunting prospect for individuals, especially when it comes to the fate of their family home. Many people wonder if their home is protected from being seized to pay off creditors. This article explains what usually occurs to family homes and what individuals, whether the bankrupt or the non-bankrupt spouse/partner, can expect...
Determining whether a company is insolvent at a particular point in time is often a difficult task. A liquidator is required to undertake this analysis as a necessary element which must be proved for a claim under Part 5.7B of the Corporations Act 2001 (Act) in respect of ‘insolvent transactions’ which can be either an...
The Australian business landscape has undergone significant changes in recent years, with economic conditions creating new challenges for companies of all sizes. One area that has been particularly affected is insolvency, with an increasing number of businesses facing financial difficulties. One of the key factors contributing to the rise in insolvency in Australia is the...
In simple terms, insolvency is when a company is unable to pay its debts as and when they become due and payable. This does not necessarily mean that a company is or will become insolvent if they are unable to pay all of their debts at a particular point in time, or if their liabilities...
雖然破產公司是大多數清盤的對象，但有清盤能力的公司也可以在其董事和股東（即成員）發起時清盤。當成員不再希望保留公司的當前結構或不再需要公司並且不再需要時，可能會發生這種情況。
債權人（轉讓人）可以將其收取和尋求償付債務的權利轉讓給第三方（受讓人）。一旦他們的權利發生轉移，轉讓人就可以要求債務人償還債務。一經轉讓，受讓人對此類債務享有合法權利，並有權...
2014 年《授權委託書法》（維多利亞州）（該法）規定了受持久授權書 (POA) 授權的受權人必須遵守的嚴格規則。衝突交易 該法第 64 條規定，根據 POA 負責財務事務的律師有義務不進行沖突交易。定義了“衝突事務”...
聯邦巡迴法院最近駁回了破產人要求審查扣押令的申請。參見 Commonwealth Bank of Australia Ltd v Jordanou [2018] FCCA 2972 的最近案例。 複審申請基於高等法院在 Ramsay Health Care Australia Pty Ltd v Compton (2017) 261 CLR 132 中的裁決。破產人試圖解釋...
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