Jon Adgemis accumulated $1.8 billion in debt through private credit funds against a hotel portfolio worth a fraction of that. Federal Court examinations are underway this week. What does the collapse reveal about director liability and creditor rights when private credit goes wrong?
The Queensland Supreme Court has reaffirmed that failing to file a defence is treated as an admission of all pleaded facts. Here is what Johnson v Johnson [2026] QSC 151 means for plaintiffs and defendants in Queensland civil proceedings.
If your shareholder relationship in Queensland is breaking down, here’s how to spot the signs, understand your options, and when to call a dispute lawyer.
A 50/50 shareholder deadlock can paralyse your company. This guide explains your legal options under Australian law — from negotiation and shotgun clauses to section 232 oppression and just and equitable winding up.
The Productivity Commission is reviewing Australia’s insolvency framework as part of its inquiry into reducing barriers to business dynamism. Here’s what Queensland directors, creditors and business owners need to know about the proposed reforms — and why the timing matters.
ASIC can ban a director for up to 5 years under s206F of the Corporations Act without court proceedings. Here’s how the process works and what to do.
Section 461(1)(k) of the Corporations Act gives Queensland courts the power to wind up a solvent company when it is just and equitable to do so. Here is when this ground applies, how courts assess quasi-partnerships, and what alternatives exist before winding up.
A DOCA can extinguish not just current debts but also future payment rights under ongoing contracts. Here is what creditors with leases, loan facilities, and supply agreements need to understand before voting on a proposed DOCA.
The ATO has issued 21 Departure Prohibition Orders since July 2025 — already more than the entire prior year. Here is what Queensland directors and business owners must know about this enforcement tool, and how to protect yourself.
A security agreement that does not capture future property can leave secured creditors exposed. Here is what the PPSA says about future property, how gaps arise, and what creditors must do to protect their security interest before a debtor collapses.
⚠️ Editor’s Update — 31 July 2026: Since this article was published, the outcome of Black Hops Brewing’s voluntary administration has been confirmed. Contrary to
Key Takeaways• A liquidator can compel any former director, officer, or business associate to attend a public examination under sections 596A and 596B of the
