Welcome to the latest edition of our National Insolvency & Reconstruction Quarterly Review for the period 1 October 2016 – 31 December 2016.
In this edition, our team:
- discuss the complexities for liquidators, administrators and their advisers on trading trusts without Court intervention;
- provide a comparison in the changes imposed by the Insolvency Law Reform Act 2016 (ILRA) and the Government’s ASIC ‘user pays’ model, considers remuneration case updates and suggests good remuneration practice protocols;
- highlight the importance of the role litigation funders can play to assist liquidators in maximising the return to creditors, as reflected in the matter of Hastie Group Limited (in liq) [2016] FCA 1289 (Crosbie);
- report on three particular decisions/themes that have emerged in cross-border insolvency matters over the last quarter; and
- write about the Crown’s dominance in land in Australia, options for mortgagee’s and practical implications.
We trust that you will enjoy this edition.