by abbey | Aug 16, 2018 | Blog
The Corporations Act gives powers to liquidators to recover unfair preference payments to a creditor. An unfair preference payment is where a creditor receives a payment before other creditors in circumstances where they knew, or ought to have known, that the company...
by abbey | Nov 6, 2015 | Articles
When a company goes into insolvency, it can be a stressful time not just for the directors, but creditors too. Once liquidation is declared, it is the job of the liquidator to scrutinize the company’s financial records. In this process, liquidators have the right to...
by abbey | Sep 22, 2015 | Articles
Have you ever wondered what would happen to your superannuation if you were to go bankrupt? In the current economic climate, it is difficult not to worry! So, is your hard earned superannuation fund protected from creditors? Under typical circumstances the answer is...