The High Court’s recent decision in Ramsay Health Care Australia Pty Ltd v Compton [2017] HCA 28 has confirmed a bankruptcy court can exercise a discretion to go behind the ...
The High Court’s recent decision in Ramsay Health Care Australia Pty Ltd v Compton [2017] HCA 28 has confirmed a bankruptcy court can exercise a discretion to go behind the judgment debt where sufficient reason is shown for questioning whether there is a debt due to the petitioning creditor.
From 1 July 2017, banks are required to collect information from customers that are non-residents. Banks will share the information with the ATO, who will then share it with tax authorities in other countries that have signed up to the Common Reporting Standard (CRS).
From 1 July 2017, the Farm Business Debt Mediation Act 2017 (Qld) will require mortgagees to offer to engage in mediation with mortgagor farmers before commencing any enforcement action to recover outstanding farm business debts.
The Financial Ombudsman Service Australia (FOS) deals with a range of disputes including banking, credit, loans, insurance and financial planning.
A recent Court of Appeal decision provides a firm reminder to the banking industry that the obligations in the Code of Banking Practice impose strict legal obligations that lenders must adhere to in dealings with guarantors.
In our previous bulletin we discussed the ‘safe harbour’ model in the Government’s suggested reforms to the current insolvency laws. This bulletin considers another of the focus questions in the Proposal Paper: the voiding of ipso facto clauses relating to insolvency events.
In a recent determination, the Financial Ombudsman Service (FOS) reduced the liability of a co-borrower who received no ‘real’ benefit from the loan.
All licenced financial service providers in Australia are required to subscribe to an external dispute resolution scheme approved by ASIC.
Queensland’s Attorney-General, Yvette D’Ath, has today announced that the government will proceed with long-awaited class action reforms.
Not surprisingly, parties concentrate on the commercial aspects of the deal when negotiating a contract but often overlook the jurisdiction and choice of law clauses commonly found in the tail end of agreements.
Sarah Dewar, associate in our commercial team, has worked with Cooper Grace Ward for five years. We asked her to tell us in her own words what life at Cooper Grace Ward is like, and a few of her past experiences and favourite things.
Where a court has ordered the winding-up of a company, a shareholder may be able to have the winding up terminated under section 482 of the Corporations Act 2001.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.