This week’s TGIF considers a recent Federal Court of Australia decision (Connelly (liquidator) v Papadopoulos, in the matter of TSK QLD Pty Ltd (in liq) [2024] FCA 888). In the case, it was determined that a restructuring adviser who engineered an asset-stripping scheme may be found liable for the full value of the loss arising out of the scheme.

Key Takeaways

In StaRUG-Verfahren gehen oftmals Gesellschafterstreitigkeiten voraus oder entstehen im Laufe der Sanierung.

Ein Überblick über Inhalt und Anforderungen der planergänzenden Sanierungsinstrumente des StaRUG zum zielgerichteten Einsatz in der Praxis.

Dieser erste Beitrag der Blogserie StaRUG gibt einen Überblick über die Chancen und Schwierigkeiten bei der Anwendung des StaRUG in der Praxis.

This week’s TGIF summarises the Federal Court of Australia’s recent decision granting leave to proceed against a company despite the appointment of a small business restructuring (SBR) practitioner under Pt 5.3B of the Corporations Act 2001 (Cth) (Corporations Act).

Key takeaways

Seit 9. November 2022 ist das SanInsKG mit (scheinbaren) Erleichterungen im Zusammenhang mit der Insolvenzantragspflicht und dem Prognosezeitraum in Kraft.

Das „Sanierungs- und insolvenzrechtliches Krisenfolgenabmilderungsgesetz“ (SanInsKG) hat die Regeln für die Fortbestehensprognose bei Überschuldung geändert, insbesondere den Prognosezeitraum nach § 19 Abs. 2 InsO bis zum 31. Dezember 2023 von zwölf auf vier Monate verkürzt.

This week’s TGIF considers a recent case where the Supreme Court of Queensland rejected a director’s application to access an executory contract of sale entered into by receivers and managers on the basis it was not a ‘financial record’

Key Takeaways

This week’s TGIF looks at the decision of the Federal Court of Australia in Donoghue v Russells (A Firm)[2021] FCA 798 in which Mr Donoghue appealed a decision to make a sequestration order which was premised on him ‘carrying on business in Australia' for the purpose of section 43(1)(b)(iii) of the Bankruptcy Act 1966 (Cth) (Act).

Key Takeaways

This week’s TGIF considers an application to the Federal Court for the private hearing of a public examination where separate criminal proceedings were also on foot.

Key takeaways

This week’s TGIF looks at a recent decision of the Victorian Supreme Court, where a winding up application was adjourned to allow the debtor company to pursue restructuring under the recently introduced small business restructuring reforms.

Key takeaways