Presented by Jones Partners Re Intellicomms Pty Ltd (in liq) [2022] VSC 228. FACTS This case concerned the sale of assets belonging to Intellicomms Pty Ltd (facilitated by sole director Ms Haynes) to Technologie Fluenti Pty Ltd (“TF”), a company created […]
Presented by Jones Partners Kite (Trustee), in the matter of Murray (a Bankrupt) v Murray [2023] FCA 198. Kite v Murray is another contentious example of the murky, mingled waters of bankruptcy law, trust law, and legal presumptions. This case concerned […]
Presented by Jones Partners Scott’s Refrigerated Logistics Before entering liquidation in March of 2023, Scott’s Logistics was the largest frozen food distributor in Australia. In tandem with the usual high inflation, increased cost and labour shortages, Scott’s Logistics encountered a […]
Presented by Jones Partners For as long as we can remember, bankruptcy has been a topic of taboo. Until the mid-19th Century, those unable to pay their debts were thrown into debtors’ prison, where they remained until the debts were […]
Presented by Jones Partners Cryptocurrency remains one of the most revolutionary, volatile, elusive, and misunderstood markets in the modern world. For those unfamiliar, cryptocurrency is a form of digital currency. Trading platforms allow for digital currency to be exchanged for […]
Presented by Jones Partners Inflation: 7.8 per cent Inflation remains troublingly high. This can be attributed to excess demand and soaring energy, oil and gas prices, a direct result of supply chain issues and sanctions originating from the Russian Federation […]
Presented by Jones Partners Pugwall Pty Ltd v Arthur McKenzie Investments Pty Ltd [2022] VSCA 272 FACTS This case involved a joint venture agreement between two, sole director companies, Pugwall (lead by director Mr Clark) and AMI (led by Mr […]
Presented by Jones Partners (Statistics obtained from AFSA website) Personal Insolvency Trends Statistics collected by AFSA show that the past few years recorded the lowest numbers of personal insolvencies in decades. However, AFSA projections show that numbers are expected to […]
Presented by Jones Partners (Statistics obtained from ASIC website) The first time a company enters external administration or has a controller appointed–Appointment JUNE 30th -29th JANUARY. © Australian Securities & Investments Commission Corporate Insolvency Trends The above statistics show a […]
Presented by Jones Partners The COVID-19 pandemic has rocked the global economy to its core. Supply chain issues and labour shortages brought global trade to a relative standstill. Two years later, Australia emerged from its isolation, only to be presented […]
Presented by Jones Partners It has been nearly 100 years since Australia experienced the Great Depression of the 1930’s. Australians have long forgotten the scale and duration of this Depression, which lasted for nearly three years and led to a […]
by Daniel Robert Soire Recent Changes You Need To Be Aware Of DPNs are issued by the ATO to directors of companies that have overdue tax debts relating to PAYG withholding, net GST and SGC obligations. The ATO must issue […]