News

The latest news, updates and member resources.
 Submission: ASIC consults on misconduct reporting (18/04/2024) 
 March 2024 Quarterly Round-up now available (9/04/2024) 
 2024 ARITA SA NT Division AGM and Chair Report (3/04/2024) 
 Case: Transfers from husband to wife declared void (2/04/2024) 
 2024 ARITA Qld Division AGM and Chair Report (27/03/2024) 
 2024 ARITA NSW ACT Division AGM and Chair Report (27/03/2024) 
 Case: Termination of a DOCA for abuse of Pt 5.3A (26/03/2024) 
 2024 ARITA Vic Tas Division AGM and Chair Report (26/03/2024) 
 2024 ARITA WA Division AGM and Chair Report (26/03/2024) 
 ARITA Journal vol 36 01: The decade-long effort to complete an iconic landmark (25/03/2024) 
 Practice Alert: Updated Guidance on Small Business Restructuring (25/03/2024) 
 Practice Alert: Personal insolvency indexed amounts update (20 Mar 2024) (22/03/2024) 
 Case: Bankrupt sentenced to imprisonment for disposing of assets (18/03/2024) 
 Celebrating International Women's Day 2024 (7/03/2024) 
 Case: Court dismisses an attempt to reopen Arrium administration following final distributions (5/03/2024) 
 ARITA's recommendations for 'near term' insolvency law reform actions (4/03/2024) 
 Practice Alert: proposed Safe Harbour changes (27/02/2024) 
 Case: Arrest warrants following failure to attend public examinations (26/02/2024) 
 Case: Is it just? Is it equitable? Appointment of provisional liquidators (19/02/2024) 
 ARITA welcomes new Platinum National Partner: Frontline Accounting (9/02/2024) 
 Termination of ARITA Membership - Mr Paul Leroy (6/02/2024) 
 Case: Unreasonable director-related transaction – how far is s 588FDA’s reach? (5/02/2024) 
 Practice Alert: Personal insolvency indexed amounts update (Dec 2023) (2/02/2024) 
 Bruce Carter AO recognised in Australia Day Honours list (31/01/2024) 
 Submission: Pre-budget submission 2024-25 (23/01/2024) 
 Case: Definition of insolvency event (22/01/2024) 
 Submission: Government response to PPSA Whittaker review (22/01/2024) 
 Case: Recovery of superannuation contributions as transactions to defeat creditors (17/01/2024) 
 December 2023 Quarterly Round-up now available (17/01/2024) 
 Practice Alert: Changes to SOA and AFSA processes (10/01/2024) 
 ARITA notes criminal charges against former member Peter Amos (20/12/2023) 
 Case: Update to FEG appeals on s 561 issues (12/12/2023) 
 Case: Court clarifies when leave will be granted to commence proceedings against a company (11/12/2023) 
 Practice Alert: Small business redundancy exemption loophole closed (8/12/2023) 
 John Melluish awarded Life Membership of ARITA (5/12/2023) 
 ARITA Journal vol 35 #4: The impact of directors’ duties on IPs (5/12/2023) 
 Case: Court confirms proper procedure to commence insolvent trading proceedings (5/12/2023) 
 Case: Costs orders against trustee in bankruptcy (27/11/2023) 
 Case: Dishonesty offences and automatic disqualification (27/11/2023) 
 Case: Avoiding insolvency - Judicial advice to a superannuation trustee (21/11/2023) 
 Practice Alert: Validation of the date a statement of affairs is ‘filed’ (16/11/2023) 
 Practice Alert: AIA unfrozen & Corporations Act definitional changes (9/11/2023) 
 Case: Claiming penalty privilege in response to a s 596B summons to produce documents (30/10/2023) 
 Practice Alert – s 600G repealed & other procedural amendments (30/10/2023) 
 Practice Alert: Court releases guidance on schemes (30/10/2023) 
 Submission: ASIC Insolvent trading RG 217 (30/10/2023) 
 Practice Alert: Personal insolvency indexed amounts update (Sept 2023) (26/10/2023) 
 Practice alert: Appointee obligations where a defect in their appointment is alleged (26/10/2023) 
 Case: The Federal Court confirms that an EFT transaction constitutes a “payment of money” (24/10/2023) 
 Submission: Small Business Redundancy (20/10/2023) 
 ARITA awards Life Membership to Alan Scott (17/10/2023) 
 Case: Meaning of ‘property of bankrupt’ and ‘property divisible amongst creditors of the bankrupt' (16/10/2023) 
 Case: Do consensual payments into Court give rise to a registrable security interest? (25/09/2023) 
 Practice Alert: Personal insolvency indexed amounts update (20 Sept 2023) (21/09/2023) 
 ARITA Journal vol 35 #3: Bringing a national icon back to life (18/09/2023) 
 Case: The perils of filing an application to set aside a bankruptcy notice on the last day (18/09/2023) 
 Case: Relief from liability granted to power station administrators for costs of rebuild (12/09/2023) 
 Submission: Structural Challenges in the Consultancy Industry (7/09/2023) 
 Updating preferences in new email system (5/09/2023) 
 Case: Federal Court provides much needed guidance on ability to prove of arbitral awards under DOCA (5/09/2023) 
 Submission: Personal Insolvency Consultation (4/09/2023) 
 Case: a winding-up application is not the time to run arguments against the statutory demand (28/08/2023) 
 Migration to new email system (25/08/2023) 
 Case: Terminating DOCAs for misleading information in and omissions from creditor reports (21/08/2023) 
 Case: Variation of Small Business Restructuring Plan approved by the Court (17/08/2023) 
 Practice Alert: FEG views on the application of the BCA case (16/08/2023) 
 Practice alert: Vic employers must now destroy Covid-19 vaccination information (15/08/2023) 
 Case: When can you terminate a deed of company arrangement? (14/08/2023) 
 Case: DOCAs cannot be used to abuse the objectives of Pt 5.3A of the Corporations Act (14/08/2023) 
 Submission: Corporations Act unfreezing the Acts Interpretation Act & definitional changes (14/08/2023) 
 Submission update: ASIC IFM review (14/08/2023) 
 Case: Guidance on marshalling where creditors hold securities of different priority (9/08/2023) 
 Case: Taking care of business – asset sales prior to the first meeting of creditors (9/08/2023) 
 ARITA inducts four new Life Members (3/08/2023) 
 Practice alert: Applying for early destruction of books (1/08/2023) 
 Practice Alert: Personal insolvency indexed amounts update (26 Jul 2023) (27/07/2023) 
 Case: Relief under ss 139D(2) and 139E(2) of the Bankruptcy Act (25/07/2023) 
 Case: Court finds that AAT cannot set aside IG’s decision not to review income assessment (24/07/2023) 
 Case: Use of s 81 examination transcripts in proceedings claiming a dishonest and fraudulent design (19/07/2023) 
 Case: Court clarifies that relief not required for PPSA interests granted after appointment (18/07/2023) 
 Submission update: PJC inquiry into Corporate Insolvency in Australia - Report findings (14/07/2023) 
 Termination of ARITA Membership - Mr Richard Auricht (12/07/2023) 
 Media release: Inquiry into Corporate Insolvency report opens door for major improvements (12/07/2023) 
 Practice Alert: Please complete the AFSA Internal Audit Survey for Registered Trustees (12/07/2023) 
 Case: Court clarifies the circumstances in which R&D tax refunds are not circulating assets (10/07/2023) 
 Case: Use of a holding DOCA to avoid liquidation provision of SOP Act is not an improper purpose (5/07/2023) 
 Practice Alert: Indexed remuneration amounts updated (corporate) (4/07/2023) 
 Practice Alert: Personal insolvency indexed amounts update (March 2023) (4/07/2023) 
 Practice Alert: Release of draft CRIS for ASIC IFM for 2022/23 (29/06/2023) 
 Four Corners investigation shows need for regulators to prosecute dodgy liquidators (28/06/2023) 
 Practice Alert: Guidelines relating to the treatment of CGT in bankruptcy (27/06/2023) 
 Case: Step-in rights and power of attorney are s 12 security interests under the PPSA (22/06/2023) 
 ARITA Journal vol 35 #02: Lessons on the transport sector in Australia (14/06/2023) 
 Case: Determining insolvency based on future debts and a company officer’s personal liability (14/06/2023) 
 ARITA announces new 2023–2024 Board (13/06/2023) 
 New market trends report released (31/05/2023) 
 Revised reporting date for Parliamentary Joint Committee inquiry into corporate insolvency (30/05/2023) 
 ARITA Young Professionals Committees EOI (1/05/2023) 
 Practice Alert: Personal insolvency indexed amounts update (26 Apr 2023) (27/04/2023) 
 Case: CA s 561 has no application if secured debt fully paid out of non-circulating assets (24/04/2023) 
 Case: Court grants 12-month extension of convening period to facilitate trading (3/04/2023) 
 Practice alert: Qld – Building Security of Payment Act (29/03/2023) 
 ARITA makes key contribution to national personal insolvency roundtable (27/03/2023) 
 Practice Alert: Personal insolvency indexed amounts update (20 March 2023) (27/03/2023) 
 ARITA Journal vol 35 01: The question of independence (22/03/2023) 
 Simplified insolvency process for SMEs a top priority: Podcast (14/03/2023) 
 Practice Alert Update: Bravure notifications to Registered Trustees (14/03/2023) 
 Video: Celebrating women in insolvency: IWD 2023 (9/03/2023) 
 Case: High Court affirms that a voidable transaction cannot be set-off against pre-liquidation debt (6/03/2023) 
 ARITA's further submission to PJC insolvency inquiry now available (6/03/2023) 
 Case: The High Court rules a line through the 'peak indebtedness rule' (28/02/2023) 
 ARITA makes additional submission to parliamentary inquiry into corporate insolvency (14/02/2023) 
 Practice Alert: ATO review of draft SBR proposals (9/02/2023) 
 ARITA welcomes AG's bankruptcy roundtable announcement (3/02/2023) 
 Case: Paying remuneration and costs from trust assets: guidance for liquidators (31/01/2023) 
 ARITA welcomes new legal director (17/01/2023) 
 ARITA addresses Parliamentary Joint Committee hearing on corporate insolvency reform (12/01/2023) 
 Practice alert: Litigation funding - ASIC relief update (10/01/2023) 
 Case: Adjudicating proofs of debt in assetless liquidations and cost implications (12/12/2022) 
 ARITA makes submission to parliamentary inquiry into corporate insolvency in Australia (7/12/2022) 
 ARITA Journal Vol 34 #04: Making the right strategic choices (5/12/2022) 
 Case: To injunct, or not to injunct? That is the question ... (1/12/2022) 
 Case: Remuneration Determinations - Liquidators' Success Fee (28/11/2022) 
 Submissions update: Modernising Business Communications and Other Measures (24/11/2022) 
 Practice Alert: Corporate Collective Investment Vehicles (18/11/2022) 
 Vale David Blackwell, OAM (15/11/2022) 
 Practice Alert: Personal insolvency indexed amounts update (September 2022) (3/11/2022) 
 Submission: ASIC IFM Review (27/10/2022) 
 Practice Alert: ABRS testing - company searches (25/10/2022) 
 Case: Practical guidance for receivers when exercising their power of sale (21/10/2022) 
 Practice Alert: ASIC releases CRIS for 2021-22 (21/10/2022) 
 ALRC seeking survey participants (17/10/2022) 
 Case: Is a bankrupt released from a judgement debt where the original debt was incurred by fraud? (12/10/2022) 
 Practice Alert: ATO releases guidance on CGT in bankruptcy (30/09/2022) 
 Submission: Exemptions for litigation funding schemes (30/09/2022) 
 Media Release: Insolvency Profession Welcomes Announcement of Essential Review of Insolvency Laws (28/09/2022) 
 Case: Claim under D&O policy defeated where director's company benefited from director's breach (26/09/2022) 
 Submission: Rationalisation of Ending ASIC Instrument Measures (26/09/2022) 
 Practice Alert: Personal insolvency indexed amounts update (20 Sept 2022) (26/09/2022) 
 Practice Alert: Amendments to Victorian Environmental Protection Act (21/09/2022) 
 Case: SOPA and insolvency intersect again (20/09/2022) 
 Practice Alert: ASIC guidance for Queen's memorial public holiday (20/09/2022) 
 Practice Alert: AFSA guidance for Queen's memorial public holiday (14/09/2022) 
 Practice Alert: Legal status of directors who do not hold Director ID (13/09/2022) 
 Practice alert: Queen's memorial public holiday (12/09/2022) 
 Case: Reasonable to pursue an unreasonable director-related transaction in a solvent liquidation (7/09/2022) 
 ARITA Journal Volume 34 #03 // 2022 Digital assets, cryptocurrency, investigations & cybersecurity (1/09/2022) 
 Practice alert: ATO finalising position on CGT for Trustees (29/08/2022) 
 Practice Alert: Personal insolvency exemplar behaviour case studies (29/08/2022) 
 Termination of ARITA Membership - Mr Peter Amos (23/08/2022) 
 Case: Public examinations - liquidators' right to commercially sensitive information & documents (15/08/2022) 
 Personal bankruptcy and liquidation of a company guidance document (10/08/2022) 
 Insolvency numbers return to pre-COVID levels (9/08/2022) 
 Submissions: Government announces review of ASIC IFM (9/08/2022) 
 Practice Alert: ROCAP Version 2 (1/08/2022) 
 Practice Alert: Personal insolvency indexed amounts update (June 2022) (29/07/2022) 
 Submission: ASIC CRIS 2021-22 (28/07/2022) 
 Practice Alert: Director ID requirements for companies in external administration (20/07/2022) 
 ARITA Journal Volume 34 #02 // 2022 celebrates Paul Cook (18/07/2022) 
 Case: When an objection is objectionable (14/07/2022) 
 Practice Alert: Personal insolvency indexed amounts update (March 2022) (7/07/2022) 
 User testing of companies functions of new ABRS website (5/07/2022) 
 Practice Alert: WA - New Building Security of Payment Act (5/07/2022) 
 Case: Objecting to the decision to discharge of Salim Mehajer - Administrative review (4/07/2022) 
 Termination of ARITA Membership Mr Stephen Hathway (27/06/2022) 
 Termination of ARITA Membership - Mr Paul Quill (27/06/2022) 
 Case: Trustee successfully recovers property (27/06/2022) 
 Practice Alert: CGT in bankrupt estates update (20/06/2022) 
 AFSA reports progress on promoting diversity in the insolvency profession (20/06/2022) 
 ARITA / AFSA / ASIC Liaison Meeting 29 March 2022 (14/06/2022) 
 ARITA Life Member Robyn Erskine recognised with AM in the Queen's Birthday Honour List (14/06/2022) 
 2022 ARITA Member Survey Prize Draw Winner (7/06/2022) 
 Practice Alert: Release of draft CRIS for ASIC IFM for 2021/22 (6/06/2022) 
 Case: Court defends Administrators' remuneration 'you can't have your cake and eat it too' (3/06/2022) 
 Case: A 'blatant example of phoenixing' - anti-phoenixing laws to the rescue (24/05/2022) 
 Case: Refresher on the pre-conditions for leave under section 459S (23/05/2022) 
 Case: NSWSC clarifies priority of claims over R&D tax refunds between employees and secured creditor (17/05/2022) 
 Submission: APRA Strengthening crisis preparedness (9/05/2022) 
 News: Suspension of Membership of Paul Quill (21/04/2022) 
 Case: Judicial advice sought re character, enforceability & priority of entitlements to trust assets (19/04/2022) 
 Practice Alert: Amendments to Bankruptcy Regulations & Rules (8/04/2022) 
 Case: Liquidators seek to appoint themselves as administrators (7/04/2022) 
 News 2022-23 Federal Budget the good the bad the ugly insolvency announcements (31/03/2022) 
 ARITA Journal: The changing face of law reform in Australia (29/03/2022) 
 Submission: Review of the Insolvent Trading Safe Harbour: Report & Government Response (24/03/2022) 
 Practice Alert: Update on CGT in bankrupt estates (23/03/2022) 
 Practice Alert: Personal insolvency indexed amounts update (20 March 2022) (22/03/2022) 
 Practice Alert: Personal insolvency indexed amounts update (December 2021) (22/03/2022) 
 Case: When is defeating creditors the 'main purpose' of a transfer of property? (4/03/2022) 
 Practice Alert: External administration of Corporate Collective Investment Vehicle (1/03/2022) 
 Case: Liquidator's disclaimer of contaminated land set aside - Victorian Court of Appeal decision (28/02/2022) 
 News: Complete the FRAA survey on ASIC performance (28/02/2022) 
 Submission: ALRC's Review of legislative framework for corporations and financial services (25/02/2022) 
 Submission: Bankruptcy system options paper (25/02/2022) 
 Case: Use of public examination powers significantly increased by High Court (23/02/2022) 
 Case: Can cash derived from income ever be 'after-acquired' property? (15/02/2022) 
 Draft submission: Reforms to the Bankruptcy system, including 1-year bankruptcy FOR MEMBER FEEDBACK (14/02/2022) 
 Practice Alert: Virtual meeting voting using show of hands & notional place (10/02/2022) 
 Practice Alert: ASIC guidance on completing Form 574: Application for early destruction of books (8/02/2022) 
 Practice Alert: AFSA changes to insolvency guidance (7/02/2022)