News and PublicationsView All

Unreasonable director-related transactions
15 September 14
A decision of the Victorian Court of Appeal in Vasudevan v Becon Constructions (Australia) Pty Ltd [2014] VSCA 14 has the potential to significantly broaden the power of a liquidator to attack a company transaction under section 588FDA of the Corporations Act 2001 (Act) where there are ‘indirect benefits’ to a director or close associate of a director of the company.
Insurers beware: High Court widens the application of section 54(1) ICA
12 September 14
On 10 September 2014, the High Court of Australia delivered its decision in Maxwell v Highway Hauliers Pty Ltd [2014] HCA 33, dismissing an appeal against the decision of the Western Australian Court of Appeal, overturning the decision in Johnson v Triple C Furniture & Electrical [2010] QCA 282 and widening the ambit of section 54(1) of the Insurance Contracts Act 1984 (Cth) (‘the Act’).

Upcoming EventsView All

It’s not just another binding death benefit nomination… Session one
17 September 14
Think you've heard it all when it comes to binding death benefit nominations? Think again...
It’s not just another binding death benefit nomination… Session two
17 September 14
Think you've heard it all when it comes to binding death benefit nominations? Think again...