Pre-Bankruptcy Contributions to Property and the Remedies Available to a Trustee

Shaw as Trustee of the Bankrupt Estate of Nguyen v Vu & Anor [2019] FCCA 1451 In the recent case of Shaw as Trustee of the Bankrupt Estate of Nguyen v Vu & Anor [2019] FCCA 1451, an application was brought by Mr Shaw as Trustee o...

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Date posted: 2019-10-03 | Comments(0)

Irrevocable and Continuing Guarantees Versus the Bankruptcy Act

All debts and liabilities, present and future, certain or contingent, to which a bankrupt was subject at the date of the bankruptcy, or to which he or she may become subject before his or her discharge by reason of an obligation incurred before the date of the bankruptcy, are provable in his or her bankruptcy; ...

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Date posted: 2019-07-16 | Comments(0)

The Set-Off Defence to Voidable Transactions

Background A set-off defence may be available to creditors faced with unfair preference claims; s 553C(1) of the Corporations Act 2001 (Cth) (“the Act”). However, this area of the law continues to generate controversy. It is likely that invitations from Judges to make detai...

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Date posted: 2019-05-09 | Comments(0)

Personal Costs Orders Against Liquidators – What You Need To Know

Bradley Mark Lum v MV Developments (Lane Cove) Pty Ltd (in liquidation) (No 2) [2018] NSWSC 1129 (24 July 2018) When Can a Personal Costs Order be Made Against a Liquidator? The law regarding liquidators and personal costs orders was neatly set ou...

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Date posted: 2019-04-09 | Comments(0)

GPA Law Co-Presents with Geoffrey McDonald at Accountants Seminar

Gavin Parsons & Associates recently proudly co-presented with Counsel, Geoffrey McDonald at Chartered Accountants Australia and New Zealand.The event was attended by accountants, lawyers and insolvency practitioners. The solicitors from our firm that presented were: Gavin Parsons, Daniel Rappoport and Ryan Owens...

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Date posted: 2018-11-27 | Comments(0)

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