Protection for employee entitlements
Many proprietors are unaware of the safety net scheme established by the Federal Government to protect employee entitlements in the event of liquidation.
Assessing Loss of Earnings Capacity
Important principles for assessing loss of earnings capacity in personal injury matters.
SGC changes to DPN regime
The three month window to avoid personal liability for SGC debts has now been removed.
Deposits, Gift Cards and Lay-bys
Where do you stand when a liquidator is appointed?
Providing directors ‘safe harbour’ from insolvent trading.
ATO tightening the net on unpaid superannuation
Australian employees are missing more than $17b in superannuation entitlements since 2009, according to the ATO’s first superannuation guarantee audit.
PPS Leases: 50 million reasons to register
The voluntary administration of Arrium Limited is a timely reminder to reconsider the protection available under the PPSA.
The ability to prevent a winding up order, once the ATO has commenced proceedings, has been further hindered by the recent Federal Court decision in DCoT v Swoosh Hand Car Wash Pty Ltd  FCA 73.
Ignoring PPSA costs earthmover $1.4m
Case Study - White v Spiers Earthworks Pty Ltd  WASC 139.
PPSA: Transition Period Expires
The failure to register a transitional security agreement could result in a secured party losing their rights to another registered secured party or an insolvency practitioner.
ATO expands personal liability for directors
Changes to the Director Penalty regime came into effect on 30 June 2012 to reduce the scope for fraudulent phoenix activity or to escape liabilities and payments of employee entitlements.