On 30 June 2026, ASIC announced Australia’s first-ever criminal charge under the creditor-defeating disposition laws. A NSW restaurateur faces up to 15 years’ prison for redirecting $935,000 in company sale proceeds away from creditors. Here’s what this means for every director.
If your business is facing employment disputes or director liability issues related to Payday Super compliance, our commercial litigation lawyers Brisbane can advise on your
What happens when a company goes into liquidation in Australia? Step-by-step guide for directors and creditors covering all three types, personal liability risks, and creditor recovery. Call 1300 267 711.
This is general information only and is not legal advice. You should obtain professional advice specific to your circumstances. Your company is in voluntary administration.
On 17 June 2026, the Federal Court ordered Star Entertainment’s former CEO to pay $700,000 and be disqualified for 6 years — not for fraud, but for negligent governance failures. Here is what every Queensland director needs to know about section 180 of the Corporations Act.
This is general information only and is not legal advice. You should obtain professional advice specific to your circumstances. 30 June is not just the
Why the End of Financial Year Matters for Business Creditors If a customer, client, or business partner owes you money, the end of financial year
You are three months into commercial litigation. The hearing is set. Your legal position is strong. Then the defendant’s solicitors notify you: their client entered
You sued. You won. The judgment is in your hands. But the debtor isn’t paying. If the debtor owns real property in Queensland — a
KEY TAKEAWAYS When a company enters voluntary administration, the Corporations Act 2001 (Cth) immediately stops a landlord from terminating a lease or recovering possession —
When a company goes into liquidation, unsecured creditors cannot simply demand payment. To participate in any distribution from the liquidation estate, you must lodge a
When can you legally end a commercial contract in Queensland? This guide covers express termination rights, termination for breach, repudiation, indefinite contracts and the latest QCA guidance. Boss Lawyers Brisbane.
