News

The latest news, updates and member resources.
 Submission: Draft Bill Reforms to address corporate misuse of the fair entitlements guarantee scheme
(17/07/2018)
 


 Single Touch Payroll exemption for IPs
(9/07/2018)
 
 


 Media release: Clive Palmer moves to junk mail
(4/07/2018)
 


 Ipso facto exclusions: Regulations and Declaration made and registered *UPDATED*
(25/06/2018)
 
 


 Unfair preferences, partly-secured debts and ROT: Queensland District Court decision
(22/06/2018)
 
 


 High Court dismisses challenge to ‘holding’ DOCA
(21/06/2018)
 
 


 IGT review of ATO use of garnishee notices
(20/06/2018)
 
 


 Reforms to address corporate misuse of the fair entitlements guarantee scheme
(20/06/2018)
 
 


 ARITA Journal: Personal insolvency in focus
(14/06/2018)
 


 Updated - ARITA templates for members
(13/06/2018)
 
 


 Exercising casting vote on resolution for removal and replacement: NSW Supreme Court decision
(8/06/2018)
 
 


 Termination of membership - Mr Justin Cadman
(6/06/2018)
 


 URGENT - Errors in legislation in ARITA 2018 Handbook
(6/06/2018)
 
 


 More inclusive voting for ARITA members
(5/06/2018)
 


 Updated creditor initial notification templates
(30/05/2018)
 
 


 Submission: Superannuation guarantee integrity
(28/05/2018)
 


 New remuneration rates released for AFSA National Panel of Registered Trustees
(25/05/2018)
 
 


 Assigned debts and s 553C set-off: NSW Supreme Court decision
(18/05/2018)
 
 


 ARITA's submission on exclusions from ipso facto stay
(17/05/2018)
 


 ARITA precedents - Release 2 available
(15/05/2018)
 


 AGM Notice of Meeting
(8/05/2018)
 
 


 Former administrators’ statutory lien for remuneration and expenses: Vic Supreme Court decision
(3/05/2018)
 
 


 Consolidated list of outstanding ILRA 'fixes'
(1/05/2018)
 
 


 ARITA's response to AAT statement on Code of Professional Practice
(30/04/2018)
 
 


 Submission: Clarification, simplification and modernisation of the consumer guarantee framework
(27/04/2018)
 


 Termination of membership - Mr Randall Joubert
(26/04/2018)
 


 Denial of administrators’ equitable lien upheld on appeal: Full Federal Court decision
(24/04/2018)
 
 


 Section 553C set-off against liquidator preference claims: Federal Court decision
(23/04/2018)
 
 


 Ipso facto: Consultation commences on exclusions from stay provisions
(16/04/2018)
 


 Termination of membership - Mr Ozem Kassem
(13/04/2018)
 


 Administrators denied equitable lien for cost of stocktake of consignors’ goods
(10/04/2018)
 
 


 Amerind and Linc Energy: Applications to High Court for special leave to appeal
(10/04/2018)
 
 


 Remuneration rates - AFSA National Panel of Registered Trustees
(4/04/2018)
 
 


 Court exercises discretion to refuse remedy for proven voidable transaction
(4/04/2018)
 
 


 Objections to Discharge - Processing Timeframes
(3/04/2018)
 
 


 Amendment to ‘in receivership’ rules for MIS responsible entities and licenced trustees/custodians
(3/04/2018)
 
 


 ASIC Industry funding levy update
(28/03/2018)
 
 


 Validity of VA appointment: NSW Supreme Court decision
(26/03/2018)
 
 


 ARITA Journal: Celebrating 30 years of the Journal
(23/03/2018)
 


 One Year Bankruptcy & Debt Agreement Amendments Recommended to Senate
(2/07/2018)
 


 ARITA National Partners 2018
(22/03/2018)
 


 Full Federal Court decision on corporate trading trusts
(22/03/2018)
 
 


 Safe Harbour & Continuous Disclosure - ASX Guidance
(15/03/2018)
 
 


 Potential changes to online auction rules
(13/03/2018)
 
 


 Queensland Court of Appeal decision in Linc Energy: Liquidators’ disclaimer prevails over State law
(9/03/2018)
 
 


 PCC's Determination and Reasons for Decision - Korda, Nettleton and Villani
(1/03/2018)
 


 Victorian Court of Appeal decision on corporate trading trusts: The key points
(1/03/2018)
 
 


 ARITA submission on combatting illegal phoenixing
(28/02/2018)
 


 Re Amerind: Victorian Court of Appeal's highly anticipated judgment on trading trusts *UPDATED*
(28/02/2018)
 
 


 Small-Medium Practice Conference 2018 early bird
(27/02/2018)
 


 Administrators refused advance permission of Court to admit subordinate claims for nominal amount
(26/02/2018)
 
 


 Suspension of membership - David Leigh
(23/02/2018)
 


 Submission: Transparency of business tax debts
(2/07/2018)
 


 High Court to hear appeal on ‘holding’ DOCAs
(25/06/2018)
 
 


 ‘Shelf’ order for incoming liquidator to conduct investigations: Queensland Supreme Court decision
(12/02/2018)
 
 


 Leave to proceed against insurers of insolvent companies: Federal Court decision
(6/02/2018)
 
 


 The Essential Skills series has been expanded for 2018
(29/01/2018)
 


 Applying the ‘proportionality’ principle: Victorian Supreme Court decision on remuneration
(25/01/2018)
 
 


 Can a bankrupt sue for income earned during the bankruptcy? Victorian Supreme Court decision
(22/01/2018)
 
 


 ARITA / AFSA / ASIC Liaison Meeting - 5 December 2017
(18/01/2018)
 


 ACT Supreme Court considers role of Australian representatives of UK trustee in bankruptcy
(17/01/2018)
 
 


 Setting aside statutory demands: NSW Court of Appeal decision
(16/01/2018)
 
 


 Applying for directions post-ILRA: Federal Court considers ‘new’ and ‘old’ legislation
(11/01/2018)
 
 


 Refund of bank charges
(11/01/2018)
 
 


 Transparency of business tax debts: Exposure draft legislation released for consultation
(11/01/2018)
 


 Debt Agreement Reform Bill Inquiry: Exposure draft available
(10/01/2018)
 
 


 ‘Ordinarily resident in Australia’: Full Federal Court decision on controlling trustee authority
(10/01/2018)
 
 


 New compilation of Federal Court (Corporations) Rules available
(22/12/2017)
 
 


 Insurer’s liability for insolvent trading claim: Victorian Court of Appeal decision
(21/12/2017)
 
 


 Third party payments and preferences in bankruptcy: Full Federal Court decision
(19/12/2017)
 
 


 ‘Evidentiary value’ of a company’s books and records: Victorian Supreme Court decision
(18/12/2017)
 
 


 ARITA launches Safest Harbour ad campaign
(14/12/2017)
 


 Court voids transfer of real estate from bankrupt to spouse, dismisses trust claims
(14/12/2017)
 
 


 Court decision regarding trustee’s obligation to call meeting to consider s 73 proposal
(12/12/2017)
 
 


 References to ‘old’ (pre-ILRA) legislative provisions: Interpretation legislation may assist
(11/12/2017)
 
 


 Debt Agreement Reform Bill referred to Senate Committee
(8/12/2017)
 
 


 Liquidators allowed remuneration for work done under invalid appointments: Federal Court decision
(8/12/2017)
 
 


 Media release: Senate Inquiry gets it wrong on rural receiverships
(7/12/2017)
 


 Liquidators' claim for remuneration and expenses out of trust property: Qld Supreme Court decisions
(6/12/2017)
 
 


 Amendments made to Federal Court (Corporations) Rules
(5/12/2017)
 
 


 ARITA Journal: Former Enron CFO interview
(3/12/2017)
 


 One-year Bankruptcy Bill referred to Committee: Report due March 2018
(1/12/2017)
 
 


 WA Court of Appeal decides whether general security interest attaches to terminated-DOCA fund
(28/11/2017)
 
 


 Safe harbour guidance
(15/11/2017)
 
 


 Guidance for members on the recovery of ASIC industry funding levy
(15/11/2017)
 
 


 Joinder of multiple defendants to liquidator recovery proceedings: Recent judgment and rules reform
(13/11/2017)
 
 


 Queensland Court of Appeal decision demonstrates the reach of existing ‘anti-phoenix’ provision
(7/11/2017)
 
 


 WA Court of Appeal delivers decision on liquidator independence
(1/11/2017)
 
 


 AFSA secondment opportunities
(31/10/2017)
 


 One-year bankruptcy bill introduced into Federal Parliament
(19/10/2017)
 
 


 ARITA releases research paper on liquidator independence
(18/10/2017)
 
 


 ASIC releases updated user pays information
(11/10/2017)
 


 ILRA and early destruction of books in court-ordered liquidations: NSW Supreme Court decision
(29/09/2017)
 
 


 ILRA: Second list of requested 'fixes' to legislation
(29/09/2017)
 
 


 Consultation on reforms to address illegal phoenix activity
(28/09/2017)
 


 Bankruptcy decision: Can a court extend the 60 days to apply to set aside a s 139ZQ notice?
(26/09/2017)
 
 


 ILRA FAQs - updated 26 September 2017
(26/09/2017)
 
 


 New Compilation of Insolvency Practice Rules (Corporations) available
(22/09/2017)
 
 


 Federal Court decision on PPSA and bailments: Is there a ‘PPS lease’?
(22/09/2017)
 
 


 The safe harbour is now open
(20/09/2017)
 
 


 Federal Court decision: Linc Energy issues extend beyond mining and natural resources appointments
(20/09/2017)
 
 


 Government makes positive noises on DINs
(12/09/2017)
 


 Safe harbour and ipso facto reforms to become law
(12/09/2017)
 


 ARITA Journal: Robyn Erskine profile
(11/09/2017)
 


 Full Federal Court rules on asserted ‘abuse of process’ by presentation of debtor’s petition
(7/09/2017)
 
 


 New compilation of Insolvency Practice Rules (Bankruptcy) available
(6/09/2017)
 
 


 Recovery of the ASIC user pays levy
(5/09/2017)
 
 


 ARITA templates for ILRA released *updated 4 Sept*
(4/09/2017)
 


 ILRA: 1 September commencement uncovers more legislation errors
(4/09/2017)
 
 


 Updated information for stakeholders
(1/09/2017)
 


 Amendments made to Insolvency Practice Rules (Bankruptcy)
(30/08/2017)
 
 


 Amendments made to Insolvency Practice Rules (Corporations)
(28/08/2017)
 
 


 Trust decision in bankruptcy
(24/08/2017)
 
 


 Training Indonesian insolvency practitioners
(22/08/2017)
 


 ARITA precedent documents now available
(22/08/2017)
 
 


 Personal Insolvency Regulator newsletter (PIR): AFSA want your views
(14/08/2017)
 


 Hamish McCormick appointed AFSA Chief Executive and Inspector-General in Bankruptcy
(11/08/2017)
 


 Federal Court publishes reasons in Ten Network case
(11/08/2017)
 
 


 Life Memberships awarded at National Conference
(10/08/2017)
 


 Recent Court decision on third party payments and unfair preferences
(9/08/2017)
 
 


 Senate Committee Inquiry reports on Safe Harbour and Ipso Facto
(9/08/2017)
 


 Prohibition against COI member benefit: Court decision under existing law highlights ILRA changes
(31/07/2017)
 
 


 Requested ‘fixes’ to Insolvency Practice Rules
(28/07/2017)
 
 


 ARITA Mental Health Working Group - Industry representative required
(25/07/2017)
 


 ARITA 2020: Our strategic plan
(24/07/2017)
 


 Reprimands issued for plagiarised content
(14/07/2017)
 


 ARITA Templates for member consultation
(12/07/2017)
 
 


 ARITA / AFSA / ASIC Liaison Meeting - 14 June 2017
(10/07/2017)
 


 Court considers failure of registered liquidators to renew registration on time
(9/07/2017)
 
 


 Has Australia been wrong ‘footed’ on the concept of a ‘provable debt’?
(7/07/2017)
 
 


 New version of s 60-20 (post-amendments) and guidance
(3/07/2017)
 
 


 ASIC User Pays commences
(3/07/2017)
 
 


 Termination of ARITA Membership - Mr Ray Sutcliffe
(29/06/2017)
 


 Insurance risks for CPA practices
(28/06/2017)
 
 


 Administrators’ dismissal of employee held wrongful, but no order made for payment of entitlements
(23/06/2017)
 
 


 Court uses slip rule to address ILRA commencement oversight
(23/06/2017)
 
 


 Safe Harbour/Ipso Facto model: Final consultation
(21/06/2017)
 


 ARITA Journal: Financial distress and mental health
(21/06/2017)
 


 Liquidation remuneration approval post-Sakr Nominees: Further guidance in NSW Court decision
(20/06/2017)
 
 


 ILRA s 60-20 issue fixed
(19/06/2017)
 
 


 Federal Court follows Re Amerind and Re ICS to deny employees priority out of trust assets
(16/06/2017)
 
 


 Submission: Reforms to address corporate misuse of the fair entitlements guarantee scheme
(16/06/2017)
 


 WA Supreme Court decision on s 553C set-off, contractual set-off and how the PPSA affects mutuality
(12/06/2017)
 
 


 Full Federal Court allows s 596A examination of liquidator
(9/06/2017)
 
 


 Court decision on preferences and third party payments: Bankruptcy vs corporate provisions
(5/06/2017)
 
 


 The Common Reporting Standard - what does it mean for IPs?
(2/06/2017)
 
 


 Sakr Nominees: Court decision fixing remuneration
(2/06/2017)
 
 


 Reforms to facilitate restructuring introduced
(1/06/2017)
 


 Reporting illegal acts - new accounting standard
(1/06/2017)
 
 


 NSW Court of Appeal considers classes in scheme of arrangement
(31/05/2017)
 
 


 AFSA releases new video on untrustworthy advisors
(31/05/2017)
 
 


 Trusts issues extend to DOCAs
(30/05/2017)
 
 


 Submission: Select Committee on Lending to Primary Production Customers
(29/05/2017)
 


 Change to the meaning of PPS lease
(23/05/2017)
 
 


 Productivity Commission Inquiry – Data Availability and Use
(17/05/2017)
 


 Government Response to PC Inquiry into Business Set-up, Transfer and Closure
(8/05/2017)
 


 ASIC industry funding model: Exposure draft regulations released for consultation
(8/05/2017)
 


 Submission to inquiry into Superannuation Guarantee non-payment
(7/05/2017)
 


 Report on Superannuation Guarantee non-payment
(7/05/2017)
 
 


 Amendments to resolve s 60-20 issue
(5/05/2017)
 
 


 Expressions of interest: ARITA Young Professionals Committee
(1/05/2017)
 


 Bankruptcy and liquidation: A guide for people in business
(27/04/2017)
 


 Administrator independence and 'holding' DOCAs under the microscope: WA Supreme Court decision
(27/04/2017)
 
 


 ARITA / AFSA Liaison Meeting - 24 March 2017
(26/04/2017)
 


 Queensland environmental protection legislation trumps liquidators' disclaimer
(20/04/2017)
 
 


 Notices of winding up orders: ARITA seeks change to Federal Court (Corporations) Rules
(18/04/2017)
 
 


 ARITA Journal: Sakr appeal decision on remuneration & perils of cloud accounting
(28/03/2017)
 


 Distributing corporate trustee property & circulating security realisations: Victorian Supreme Court
(27/03/2017)
 
 


 ILRA: Guide to changes commencing 1 September 2017 (Corporate)
(23/03/2017)
 
 


 ILRA's 'split commencement' and new compilations of legislation
(21/03/2017)
 
 


 Trustee Performance Standards
(13/03/2017)
 


 NSW Court of Appeal delivers judgment on liquidator remuneration (Re Sakr)
(13/03/2017)
 
 


 Major victory for reasonable and proper liquidator remuneration
(10/03/2017)
 


 Resignation of Brendan Nixon
(10/03/2017)
 


 Lodgement of CVL DIRRIs? Not till 1 September
(7/03/2017)
 


 ARITA's new templates for the ILRA
(7/03/2017)
 


 The ILRA is here
(1/03/2017)
 


 ASIC user pays - consultation paper released
(23/02/2017)
 


 Fixtures and PPSA: NSW Court of Appeal upholds vesting of unperfected security interest
(8/02/2017)
 
 


 PPS: NSW Supreme Court rules on consequences of defective financing statement on VA
(6/02/2017)
 
 


 Termination of ARITA Membership - Mr Ross McDermott
(3/02/2017)
 


 Announcing ARITA's National Partners for 2017
(2/02/2017)
 


 ARITA achieves new protection for RLs against CoRA provisions
(1/02/2017)
 


 New remuneration rates for AFSA National Panel of Registered Trustees
(31/01/2017)
 


 ILRA: ARITA's concerns regarding proposals without meeting
(31/01/2017)
 
 


 ARITA's advocacy reflected in Chain of Responsibility Statutory Guideline
(30/01/2017)
 
 


 Applications for registration as a liquidator
(27/01/2017)
 


 ILRA: Guide to changes commencing 1 March 2017
(20/01/2017)
 
 


 ASIC Draft RG - Registration, disciplinary actions and insurance requirements
(19/01/2017)
 


 Committees of Inspection: ILRA fixes validity issue regarding separate meeting of contributories
(18/01/2017)
 
 


 ILRA: Eight changes commencing 1 March which are easily overlooked
(18/01/2017)
 
 


 ARITA's Concerns: Insolvency Practice Rules (Corporate)
(18/01/2017)
 
 


 ARITA's ILRA Commentary
(18/01/2017)
 


 Final Insolvency Practice Rules (and related regulations) released
(18/01/2017)
 
 


 Final Bankruptcy Rules Released
(12/01/2017)
 


 ARITA Advanced Certification: top students 2016
(22/12/2016)
 


 FEG Deed Poll Amended
(21/12/2016)
 


 Final Insolvency Practice Rules (and related regulations) released
(19/12/2016)
 


 Leave to proceed with action against company in liquidation refused, despite insurance policy
(13/12/2016)
 
 


 ASIC user pays proposals - ARITA's position
(13/12/2016)