Results for Oceania
- Defending unfair preference claims: set-off and security revisited
In brief: A recent Federal Court decision has highlighted two grounds on which creditors should consider defending unfair preference claims which are brought by liquidators. Partner Chris Prestwich (view CV) and Lawyer Tim Chiang look at a case that deal ...
Resource Article - twallace@abiwor... - 06/28/2016 - 15:28 - 0 comments - 0 attachments
- International arbitration report
Welcome to issue 6 of Norton Rose Fulbright’s International arbitration report. In this issue, we provide an overview of the investment provisions of the Trans-Pacific Partnership, including its dispute settlement mechanisms, and discuss the early days of the Hague Convention on Choice of ...
Resource Article - twallace@abiwor... - 06/28/2016 - 15:23 - 0 comments - 0 attachments
- Queensland Nickel Liquidators Seek Fresh Court Summons To Grill Clive Palmer
Liquidators of Queensland Nickel have been forced to seek fresh court summonses to grill Clive Palmer and his associates after the outgoing federal MP hit them with a compensation claim blaming them for the demise of the business, The Guardian report ...
Daily Headline - global.abi.org - 06/14/2016 - 23:51 - 0 comments
- South Australia Offers Funding For New Owner Of Arrium Steel Plant
The South Australian government said on Thursday it would provide A$50 million ($37 million) in funding to help keep Arrium Ltd's loss-making Whyalla steelworks open under a new owner, Reuters reported. State Labor premier Jay Weatherill has also pr ...
Daily Headline - global.abi.org - 06/09/2016 - 22:19 - 0 comments
- Insolvency Firms Are Hiring As Retail Collapses Gather Pace
In good news for insolvency firms but not much else, insolvencies are rising and the number of retailers appointing external administrators is also up, The Sydney Morning Herald reported. Electronics chain Dick Smith, home furnishings company Laura A ...
Daily Headline - global.abi.org - 05/30/2016 - 21:45 - 0 comments
- Collapsed Australian Steelmaker Arrium Eyes Sale Of Profitable Moly-Cop Unit
Troubled Australian steel group Arrium Ltd, which collapsed last month after creditors rejected a private equity bailout, will hire a global investment bank to advise on the sale of its profitable Moly-Cop mining supplies unit, the firm's administra ...
Daily Headline - global.abi.org - 05/24/2016 - 00:15 - 0 comments
- Clive Palmer To Sue Queensland Nickel Administrators FTI Consulting For $1.2 Billion
Businessman and retiring federal MP Clive Palmer will sue the administrators of his beleaguered Queensland Nickel refinery in Townsville for $1.2 billion, ABC News reported. Mr Palmer said he would sue FTI Consulting in the coming weeks for allegedly lyi ...
Daily Headline - global.abi.org - 05/17/2016 - 22:22 - 0 comments
- Super Retail Flags $43 Million In Restructuring Costs
Retailer Super Retail Group will book restructuring costs and write-downs of $43 million this year as its revamps the loss-making Ray's Outdoors chain and fixes an online sporting goods business, The Sydney Morning Herald reported. The one-off c ...
Daily Headline - global.abi.org - 05/04/2016 - 20:50 - 0 comments
- Australian Steelmaker Arrium To Get New Administrator
Debt-laden Australian steel maker Arrium Ltd will get a new administrator after the company's major lenders and workers union filed an application in a federal court seeking to have Grant Thornton replaced, Reuters reported. The application seeks to ...
Daily Headline - global.abi.org - 04/12/2016 - 20:49 - 0 comments
- Australia Steel Crisis Stalks Turnbull Government
Australia’s government has been dealt a political blow ahead of a knife-edge election, with thousands of jobs plunged into doubt after the country’s second-biggest steelmaker went into administration, the Financial Times reported. The troubles at Arr ...
Daily Headline - global.abi.org - 04/07/2016 - 21:48 - 0 comments