Skip to content
The Legal 500 Main Logo
  • LinkedIn
  • Twitter
  • Facebook
  • YouTube
  • Email
  • Home
  • Legal Developments
  • Press Releases
  • Rankings
  • Profiles
  • GC Powerlist
  • Events
  • Special Reports
  • GC Magazine
  • fivehundred
  • Comparative Guides
  • In-House Lawyer
  • Webinars
  • About

Legal Developments - Law Firm Thought Leadership by Ironbridge Legal

Reset

Creditors cannot set-off unsecured debts against unfair preference claims. What about other voidable transactions?

Ironbridge Legal | March 15, 2022

For some time, controversy has surrounded the question as to whether unsecured creditors of an insolvent company can utilise set-off under s 553C of the Corporations Act 2001 (Cth) (Act) against unfair preference claims. In the recent decision of Morton as Liquidator of MJ Woodman Electrical Contractors Pty Ltd v Metal Manufacturers Pty Limited [2021] FCAFC 228 (MJ Woodman), the court made …

Continue reading “Creditors cannot set-off unsecured debts against unfair preference claims. What about other voidable transactions?”

High Court clarifies the scope of public examinations and extends the range of ‘eligible applicants’

Ironbridge Legal | March 15, 2022

In Walton v ACN 004 410 833 Limited (formerly Arrium Limited) (in liquidation) [2022] HCA 3, the High Court extended the purpose for which, and incidentally parties by whom, public examinations may be used. This decision will be welcomed by shareholders, litigation funders and class action promoters, who may be able to conduct detailed investigations of directors, …

Continue reading “High Court clarifies the scope of public examinations and extends the range of ‘eligible applicants’”

Developments

Press Releases

  • LinkedIn
  • Twitter
  • Facebook
  • YouTube
  • Email
© 2022 Legalease Ltd. All rights reserved
Registered company in England & Wales No. 2427356 VAT 321572722
Registered address: 188 Fleet Street, London, EC4A 2AG
  • Data Protection policies
  • |
  • Cookies Policy
  • |
  • FAQs
  • |
  • Contact Us
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Save & Accept