Restructuring and insolvency

Clayton Utz’s restructuring and insolvency report notes signs of stress in multiple sectors

Clayton Utz’s restructuring and insolvency report notes signs of stress in multiple sectors

Firm says industries experiencing pressures include construction, human services, resources, food

Federal Court orders ASIC to reinstate registration of company

Federal Court orders ASIC to reinstate registration of company

Ruling says relief will allow liquidator to proceed toward assigning a potential claim

Federal Court denies leave to appeal for repeated failures to abide by orders

Federal Court denies leave to appeal for repeated failures to abide by orders

Ruling disagrees that receivers' breaches prevented access to funds for legal expenses

Federal Court grants leave for joinder in ‘mothership’ proceeding

Federal Court grants leave for joinder in ‘mothership’ proceeding

Liquidators claim unreasonable director-related transactions, unfair preference payments

ASIC's new guidance sheds light on eligible applicant authorisation process

ASIC's new guidance sheds light on eligible applicant authorisation process

Authorised individuals may conduct public examinations regarding a company in external administration

NSW Supreme Court grants restaurant relief against forfeiture in lease case

NSW Supreme Court grants restaurant relief against forfeiture in lease case

Assignee of lease seeks to terminate it based on rent non-payment and insolvency