BLOGS WEBSITE
Has the rescue culture lost its way?
In this blog we reproduce (with kind permission) a blog by Chris Laughton, of Mercer & Hole in the UK, who is immediate past President of INSOL Europe, see www.mercerhole.co.uk Some of the issues in this blog, though tuned to the UK/European framework and context, seemed to us to resonate here in Australia. In particular […]
PPSA GOES LIVE –HISTORY IN THE MAKING
At the same time as history was in the making at the epic Australian Open final last night, the Personal Property Securities Act came into force, and the PPS Register ‘went live’. See www.ppsr.gov.au This too, is history in the making, not only in Australia, where it is undoubtedly the most major development in commercial […]
Insolvency Regulation proposals: casting a careful Eye
IN THIS COLUMN WE GIVE SPACE TO OUR GUEST BLOGGER WHO GOES BY THE AVATAR OF ‘THE EYE’. He also writes for the Insolvency Law Bulletin (LexisNexis). Here he reflects on the Christmas reading provided by the Government’s response to its consultation on Insolvency Practitioner Reform (Treasury,15 December 2011), and subjects a well-known journalist’s instant reaction to careful […]
BILS/UBC Workshop on Stigma in Insolvency
On 17 January at the University of British Columbia, BILS will co-host (with the Annual Review of Insolvency Law, based at UBC) a one-day workshop on the Impact of Stigma in Insolvency, which will be chaired by Professor Janis Sarra (BILS Advisory Board), and commentator will be Emeritus Professor Jacob Ziegel, University of Toronto. Associate […]
An advertised post: ASIC Commissioner (Insolvency)
ASIC on 20th October announced that Michael Dwyer, was retiring as Commissioner after three busy years. Mr Dwyer’s experience in the insolvency industry has coincided with the GFC, and with the Senate Inquiry into Liquidators, Administrators. Like the ASIC Chair, we pay tribute to Mr Dwyer’s efforts (particularly as a former Adelaide practitioner) and […]
Celtic Tiger refugees and their debt tail
As I sit in my University sabbatical office in mid-west Ireland, surrounded by the signs of an economy staggering, my office door opens and my office neighbour introduces herself and then starts, “I have a friend….” Well this friend, her husband and two children have left Ireland and gone to Australia, but they have a […]
The Great and the Goode Gather in Cambridge
A Postcard from Chris Symes. One of the benefits of being in the Northern Hemisphere and reasonably located here in Ireland close to much of Europe, is the ability to get to events in other parts of Europe, and recently I flew over the Irish Sea to Cambridge for the Society of Legal Scholars annual conference […]
BILS/Limerick Conference- Insolvency in the 21st Century
Insolvency Law in the 21st Century: Irish and International Experience UNIVERSITY OF LIMERICK , SCHOOL OF LAW, and BILS (BANKRUPTCY AND INSOLVENCY LAW SCHOLARSHIP UNIT) @ ADELAIDE LAW SCHOOL ARE PROUD TO PRESENT: A gathering of national and international experts on insolvency law and practice to discuss their experience and share their expertise from Ireland, […]
Postcard from Europe
Chris Symes here, writing from Limerick. Its late summer in Europe, and you might expect the insolvency business to be slow, but there appears to be a certain ‘scurrying’ – perhaps its an early preparation for winter. I’ve been in the Czech Republic, Slovak Republic and Spain talking to lawyers about the euro debt crisis […]
Can we Trust Creditors Trusts?
Some years ago it became fashionable to avoid statutory protections of the Deed of Company Arrangement provisions of Part 5.3A, by resolving to enter into a DOCA which would immediately terminate and be replaced with a trust, extinguishing creditors’ claims in the VA/DOCA procedure and replacing them with claims as beneficiaries to the like […]