The Federal Court in Brereton, in the matter of ICT Century Pty Ltd (In Liquidation) [2025] FCA 107 granted the liquidators of ICT Century Pty Ltd (in liquidation) (ICT) a one-year ‘shelf order’, or an extension of time to bring voidable transaction claims under section 588FF(1) of the Corporations Act 2001 (Cth).
The Federal Court of Australia has recently delivered judgment in the case of Deputy Commissioner of Taxation v ACN 152 259 839 Pty Ltd [2024] FCA 1489. The Court held that in some circumstances, a statutory demand can be validly served on a perceived temporarily empty company office.
On 20 May 2024, an ATO officer purported to serve ACN 152 259 839 Pty Ltd (the Company) with a statutory demand and an accompanying affidavit by leaving the documents at the Company’s registered office.
The Federal Court in Hema Maps Pty Ltd v HemaX Digital Pty Ltd, in the matter of HemaX Digital Pty Ltd [2024] FCA 1127, appointed a provisional liquidator to preserve the status quo until the determination of a winding up application. This winding up application was due to a deadlock and an irreparable breakdown in relations between shareholders, and mismanagement of the company.
Key Takeaways
一、问题的提出
债务人向债权人借款,由保证人提供保证担保。借款到期后,债务人与保证人均未偿还该笔借款。后法院裁定受理保证人的破产申请,债权人因此向保证人的管理人申报债权,要求保证人就债务人所欠借款及利息承担保证责任。管理人审查并确认了该笔债权。(简见以下表1案型法律关系表)根据《最高人民法院关于适用〈中华人民共和国民法典〉有关担保制度的解释》(下称“《民法典担保制度解释》”)第22条之规定,[1]保证债权应当自保证人的破产申请受理时起停止计息。与债务人破产时保证债权随同主债权停止计息不同的是,保证人破产导致保证债权停止计息,却不能反向及于主债权也停止计息。其后债务人向债权人清偿了部分债务。此时,管理人将面临如下难题:在主债权未停止计息的情况下,债权人获得债务人部分清偿后,在保证人的破产程序中,管理人先前认定的债权数额是否须要调整?如果须要调整,应该如何进行调整?鉴于该问题在实务中相对较为前沿,笔者曾多次尝试检索与之相关的法规、判例、理论文献、实务文章等,对于解决该问题的资料寥寥无几。虽无前人的解决方案可供参照,但该问题仍然亟待解决。在缺乏相应法律规范的情况下,下文将通过民法基础理论的推演,尝试为解决这一问题提供思路。
On 31 October 2023, Federal Law No. 51 of 2023 Promulgating the Financial and Bankruptcy Law (the Bankruptcy Law) was published in the United Arab Emirates (UAE) Official Gazette, repealing the prior federal law on bankruptcy (Federal Law No. 9 of 2016, the Prior Law) and significantly developing the bankruptcy regime in the UAE.
In the matter of Bleecker Property Group Pty Ltd (In Liquidation) [2023] NSWSC 1071, appears to be the first published case that considers the question of whether an order can be made under section 588FF(1)(a) of the Corporations Act 2001 (Cth) by way of default judgment against one defendant where there are multiple defendants in the proceedings.
Key takeaways
In this week’s TGIF, we consider Hutton, in the matter of Caydon Flemington Pty Ltd (Receivers and Managers appointed) (In liq) [2023] FCA 796, a Federal Court decision concerning the grant of an extension after the ‘critical time’ for the vesting of a security interest.
Key takeaways
This week’s TGIF considers In the matter of BCA National Training Group Pty Ltd (in liq) [2023] NSWSC 366, in which the priority between a liquidator’s remuneration and expenses claims and the claims of preferred creditors was clarified.
Key takeaways
This week’s TGIF concerns Kennedy Civil Contracting Pty Ltd (Admins Appt) v Richard Crookes Construction Pty Ltd [2023] NSWSC 99, in which the New South Wales Supreme Court determined that an insolvent company’s creditors could properly make a DOCA to maintain the right under security of payment legislation to recover amounts that would have been lost on entry into liquidation.
Key takeaways