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The Personal Property Securities (Corporations and Other Amendments) Bill 2010 (CA Amendment Bill) was introduced into Parliament on 10 March 2010. The Personal Property Securities (PPS) Act received Royal Assent on 14 December 2009, and the CA Amendment Bill is the second suite of consequential amendments to Commonwealth legislation brought about by the passage of the PPS Act.

Until relatively recently, the Australian retail market was occupied in the main by domestic retailers.

The expiry of these temporary measures and delays in substitute relief mean the law will revert to its pre-COVID state.

The Australian Federal Government has indicated that it will seek to introduce permanent reforms in late 2021.

Businesses in 2022 are in a similar position to what we found ourselves in at the beginning of 2021.

The collapse of several high profile managed investment schemes including Trio Capital and Rubicon Asset Management, have resulted in a series of Court rulings on the liquidation of schemes. Whilst these cases provide useful guidance on the mechanism of winding up schemes, they also highlight the onerous responsibilities imposed on responsible entities (REs) of an insolvent scheme.

How the payment of deposits is structured under certain business and franchise transactions could potentially be affected after a recent judgement in the New South Wales Court of Appeal.

Businesses wait for final confirmation of their obligations under proposed changes to Australia's whistleblowing laws.

The changes will impact holding companies and franchisors who have significant influence or control over their networks.

Malaysia is among the countries advancing adoption of International Sustainability Standards Board (ISSB) standards.

Business assets and family trusts may be considered in a property settlement, depending on ownership, control and financial arrangements. Business owners can take proactive steps to protect their interests through Binding Financial Agreements, clear corporate governance and shareholder agreements.

Family discretionary trusts are a common way to preserve wealth, protect assets and ensure they are passed down to lineal descendants.

Proposed changes increase the thresholds for determining a large proprietary company under the Corporations Act 2001.

This judgment is a helpful summary of principles associated with an application to terminate the winding-up of a company.

The Treasurer has announced major proposed reforms to Australia's insolvency framework aimed at facilitating the restructuring of small to medium businesses (MSMEs) and streamlining their ...

Employee entitlements are given priority in an insolvency, whether the employer is a company or trading as a trustee.

Often, the company director of a SME can be personally liable for a significant proportion of the company's liabilities.