It’s my money…get lost liquidator

by | Feb 3, 2016 | Promoted Content

Tips on defending a liquidator’s preference claim. Preferences are payments or transfers of assets that give a creditor an advantage over other creditors. Any payments or transfers made to a creditor within a certain period before a company is placed into...

Section 588FDA—who can liquidators attack?

by | Jan 28, 2016 | Promoted Content

Case law widens the net.Section 588FDA of the Corporations Act 2001 provides that a payment or disposition by a company is void as an unreasonable director-related transaction where it is made to—a company director, or—their close associate—or someone on behalf of the...

Is Superannuation sacred?

by | Jan 21, 2016 | Promoted Content

  Apparently not, the ATO can take it When researching what happens when a SMSF member goes broke, I wondered if the ATO could ever get to your superannuation in the event you owed them money.  This is what I found out. The ATO is empowered to collect monies owed...