e-Updates by Topic

Australian Taxation Office (ATO)

Can the taxman be told? February 2013
Capital gains tax – whose liability is it? December 2012
ATO 1 Mortgagees 0 November 2012
Tax Office Claim beats Registered Mortgages September 2012
ATO Garnishee Notices June 2011
Whose Tax Refund Is It? May 2011
Ignoring the ATO July 2010
Tax Laws Amendment (Transfer of Provisions) Bill 2010 July 2010

 

Bankruptcy

Licensing and Associations - how members are affected in bankruptcy February 2013
Bankruptcy by the ways February 2013
What's in a Name? February 2013
Who is likely to become insolvent -Some general observations October 2012
Exempt Property in Deceased Bankrupt Estates August 2012
How Long is the Bankruptcy Shadow? June 2012
How Relevant is a Rule Created in 1728 to a 21st Century Bankruptcy? June 2012
Bankrupt Loses Protection April 2012
International assets realised by Trustee in Bankruptcy April 2012
The Price of Burying your Head in the Sand is.....? April 2012
A Bankrupt is not locked into living in Australia February 2012
Anti-deprivation or Modern Legislation? February 2012
What happens when a member of a Self Managed Super Fund becomes bankrupt? January 2012
Outstanding Income Tax Returns Won’t Delay Dividend January 2012
Personal Injury Claims and Bankruptcy January 2012
Proof of Debts – Part One January 2012
Proof of Debts – Part Three January 2012
Proof of Debts – Part Two January 2012
Property Investment Shortfalls January 2012
Contributions from a Bankrupt's Income - Part 3 January 2012
Dealing with Real Property after Discharge January 2012
I.T.S.A.’s Share in Bankrupt Estates January 2012
The protection of Superannuation while it is Superannuation January 2012
The Flood Fallout Continues … January 2012
Is It Worth It? January 2012
A Tale of Three Properties January 2012
Bankruptcy, Dead or Alive January 2012
Getting Out of Bankruptcy Early February 2011
Income Assessments in Bankrupt Estates December 2010
Annulments through Joint Estates November 2010
Advertising in Bankruptcy September 2010
Is there anything worse than bankruptcy? June 2010
Section 50 Bankruptcy Act - Control before Sequestration May 2010
Virtual Meetings in Corporate Administrations? April 2010
Compromising debts and Voting at Meetings February 2010

 

Controlling Trustee

Where there’s a Will there’s a Way – and a Relative January 2012

 

Deed of Company Arrangement

Use of Casting Vote under the Spotlight May 2013
Deed Administrator’s consent must be obtained for any Variation in a Deed of Company Arrangement June 2011
A Good Deed? July 2010

 

Director Penalty Notices (DPN)

Lockdown DPNS March 2013
DPN notices to hit letterboxes across Australia November 2012
Warning - Changes to Director Penalty Notices Provisions - Now a Reality July 2012
Worrells Notification for Directors of Companies with PAYG Debt. June 2012
Directors on Notice May 2012
The Taxman Cometh February 2012
Am I Liable for the Company Tax? May 2011

 

Fair Entitlements Guarantee - FEG (formally GEERS)

FEG Casts Safety Net for Employees in DOCA and PIA Times March 2013
Fair Entitlement Regime – Now In Place February 2013
GEERS – Won’t fall short in the future November 2012
I am From the Government and I am Here to Help You January 2012
Receivers, Liquidators and Employee Entitlements June 2011
General Employee Entitlements Redundancy Scheme Revisited May 2010

 

Fraud

Wham Bam is this a Scam? November 2012
Investment Frauds Prolific, Awareness Campaign Developed August 2012
Fraud Still a Booming Business June 2012
Internal controls and the Safety of Money April 2012
Indicators of Deception February 2012
Superannuation and Investment Fraud January 2012
Liquidators Accounts are Not Audited January 2012
Stuart Ariff of Stuart Ariff Insolvency Administrators found guilty of fraud January 2012
Inventory Fraud May 2011
A new take on skimming February 2011
Advance Fee Frauds December 2010
Leasing Frauds Revisited November 2010
A warning about digital copiers August 2010
Sex in Fraud August 2010
Hiding Frauds by Lapping May 2010
What could go wrong? May 2010
Who likes a scary story? March 2010
What's in a Name? January 2010

 

Insolvent Trading

S588G: When is a lease debt “incurred” for insolvent trading purposes? February 2013
Director Convicted of Insolvent Trading January 2012
The ATO Annual Report Discloses a Substantial Increase in Insolvency Debt and Action January 2012
Set-Offs: When are they available? January 2012
Criminal Insolvent Trading February 2011
Creditors taking action for insolvent trading November 2010
Duty to prevent insolvent trading: Guide for Directors September 2010
Holding Company liable for subsidiaries insolvent trading July 2010
Relief from Insolvent Trading Liability July 2010
Insolvency Law Reform - Insolvent Trading March 2010
The Stake Man gets off March 2010

 

Liquidation

Directors Loan Accounts – What Lies Beneath? August 2012
Company Insolvency and the Budget May 2012
When liquidators refuse to litigate April 2012
Using a Deed of Company Arrangement to support legal action April 2012
Liquidated Company in Hot Water over Energy Certificates February 2012
Director's Penalty Notice Legislation - Withdrawn! January 2012
You really should pay some attention January 2012
Director Penalty Notice – you have just been served and don’t even know it! January 2012
Extension of time applications July 2011
Director Penalty Notices Revisited October 2010
A Complicated Affair April 2010
Director Penalty Notices - Changes on the way April 2010

 

Personal Insolvency Agreement

2011/12 ITSA Personal Insolvency Agreement (PIA) Statistics August 2012
When does a Personal Insolvency Agreement End? April 2012
Repayment Arrangements Revisited November 2010

 

Personal Property Securities Act (PPSA)

PPSA Securities December 2012
PPSR, I just need to register, right? November 2012
Dude, Where’s My Car? – Review of Opportunities in the Personal Properties Securities Act August 2012
PPSA Legislation makes it Potentially Harder for Banks to Appoint Voluntary Administrators over Company Borrower August 2012
Practicality of PPS Legislation Tested May 2012
Asset Protection Structures Exposed Under PPS Act January 2012

 

Phoenix Activity

Draft Bill to combat phoenix activity released January 2012

 

Related Topics

Sole Director and Shareholder becomes Bankrupt April 2013
Are Superannuation monies within the Taxman's reach? April 2013
Banning of errant Directors April 2013
Around Worrells - May 2013 April 2013
Individuals acting as trustee of trade trusts April 2013
It's My Money, Isn't It? March 2013
Undoing the Benefits of Structuring March 2013
Third Party Insurance Claims in Insolvency March 2013
Tales of Different Business Structures February 2013
Worrells Sydney take over as liquidator of Peats Ridge Pty Ltd February 2013
Insolvency Law Reform Bill 2013 released for comment February 2013
2012, The Year that Saw? February 2013
Limiting the liability of a trustee of a trust December 2012
We Buy Any Car - Update November 2012
What is Subrogation and when does it occur? November 2012
Insolvency misconceptions debunked! November 2012
Public Examinations by Liquidators October 2012
Payment Terms - Instrumental to Solvency September 2012
Passing on the Family Business August 2012
We Buy Any Car August 2012
When Should Liquidators or Voluntary Administrators Seek Directions from the Court August 2012
Capital Expenditure on Leased Property August 2012
Lending Money – Keeping it in the Family Costs! August 2012
Winding up a Solvent Company June 2012
Frequency of Insolvency Dividends June 2012
Australia's Insolvency Trends - for the Record 2011/12 May 2012
Advertising Insolvency Notices - New Website Feature May 2012
New National Online Business Name Register - Opened 28 May 2012 May 2012
Monitoring Receivers Conduct and Fees May 2012
Claims - The other side of the fence April 2012
Insolvents Super can be at Risk. January 2012
Draft Bill to stimulate the ability of former employees to claim entitlements January 2012
Living in a fool’s paradise January 2012
Practical Problems Collecting Debts January 2012
The option to indemnify continues; a review of HP Mercantile Pty Ltd v Tumut River Orchard Management (In Liquidation) January 2012
Never "Never say Never" July 2011
Superannuation Claims in Insolvency July 2011
Consumer Debtors and Part X June 2011
Changes from the Budget June 2011
588FH Related Party Preferences May 2011
The Doctrine of Exoneration – Who gets the benefit? May 2011
To Insure or Not to Insure May 2011
Taking the "Family" out of Family Business April 2011
It’s a matter of Trust April 2011
Securing Your Investment April 2011
Get a degree fast March 2011
Guarantees March 2011
Deemed Insolvency March 2011
Businesses need a sensible debt collection policy March 2011
You went broke because you did not spend enough money December 2010
Quorums and Quorums December 2010
Common Threads - Part 5 - Over and Under Specialisation October 2010
Compound Accounts - Re:Worrells (2010) FCA October 2010
Division 7A and forgiven debts – a practical perspective September 2010
Common Threads - Part 4 - The ‘Bowerbird’ Manager September 2010
Billing Schemes September 2010
Landlord and Practitioner Rights August 2010
Common Threads - Part 3 - A failure to innovate August 2010
Common Threads - Part 2 - No one in charge July 2010
Don’t Sign Anything Until … June 2010
Waiting for the next bubble June 2010
Was Madoff Front Running? June 2010
Common Threads - Part 1 June 2010
Alternate Dispute Resolution (ADR) May 2010
Practical signs your business is in trouble - Part 2 May 2010
Practical signs your business is in trouble - Part 1 April 2010
Not-So-Obvious Indicators of Insolvency March 2010
Voting and Surrender of Security March 2010
The Majority Rules - Sometimes February 2010
Legislation Highlighted - Section 553C Corporations Act - Set-Offs February 2010
Caveatable interests February 2010

 

Section 73

The Power to Examine Upheld, Clarity for Receivers and Mortgagees April 2012
Voting at Creditors Meetings April 2012
Section 73 Annulments and Releases from Debts January 2012
Unregistered securities – priorities beware September 2010

 

Voluntary Administration

Trading Voluntary Administrations July 2011
Voluntary deregistration of companies and Director Penalty Notices – BEWARE!!!! April 2011
When can I make a voluntary appointment? October 2010
Suggested "improvements" to the VA Process July 2010

 

Voluntary Liquidation

Members Voluntary Liquidations – A little used art? April 2011