News

Stay up-to-date with the latest news and articles from Cowell Clarke.

blog06 April, 2015

Voidable transactions: Extensions of time and the operation of 'shelf orders'

On 11 March 2015 the High Court of Australia handed down two related decisions clarifying a liquidator’s position with respect to applications for orders under section 588FF(3)(b) of the Corporations Act 2001 (Cth) extending the 3 year time limit within which a liquidator must apply for an order that a transaction is voidable

blog16 March, 2015

"Adjudication" in favour of unlicensed contractor is void

On 27 February 2015 Justice Blue of the Supreme Court of South Australia handed down his decision in Tagara Builders Pty Ltd v AP & L Services Pty Ltd & Ors [2015] SASC 30

blog03 March, 2015

Bankruptcy and Trusts

This alert concerns an interesting, though not central, matter raised in the reasons of the Chief Justice in Viscariello v Macks [2014] SASC 189, which were handed down on 9 December 2014

blog02 March, 2015

Share Trading Policy

At the end of January 2015, ASX released revised guidance concerning listed companies’ share trading policies, following some well publicised shortcomings in the share trading practices of at least one notable Australian company. 

blog10 November, 2014

Allocation of profits within professional firms

The Australian Taxation Office (“ATO”) has recently warned professional firms about the allocation of profits amongst individual professional practitioners.

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