Insolvent Trading Trusts: clarification post Re Amerind
For a number of decades, there has been uncertainty in the treatment of a trustee's 'right of indemnity' upon the occurrence of an insolvency event. In Carter Holt Harvey Woodproducts Australia Pty Ltd v Commonwealth [2019] HCA 20, the high court provided welcome clarification as to the nature of a trustee's right of indemnity, and its effect upon the distribution of a company's property to its creditors in insolvency.
Join Barristers Mark Eade and Sean Russell, who will explore the following matters in light of the High Court's decision:
- a trustee's right of indemnity - what it is and how it operates
- how trust assets are to be applied and distributed in insolvency (both company and personal insolvencies)
- the disparity between the decisions of Re Enhill Pty Ltd and Re Suco Gold Pty Ltd
- what issues remain unresolved
This session is broadcasting live from Brisbane. Attendees will be able to see and hear the presentation live, and ask questions from their location in Cairns.
Date
Wednesday 21 August
Time
Registration and lunch from 12.30 pm; Presentation 12.45 - 1.45 pm
Venue
Grant Thornton
Level 13, 15 Lake Street
Cairns QLD 4870
Price
$30 member, $46 non-member (GST inc.)
CPD/CLE
1 point
Thank you to our 2019 series host:
Cancellations and substitutions
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