Category: Insolvency
The inside story of the building company Cullen Group collapse
Cullen Group collapse There has been a lot of speculation recently about how the building company Cullen Group collapsed. According to the Gold Coast Bulletin, there are a number of factors that may have lead to the Cullen Group collapse. We have received enquiries from subcontractor’s affected by the Cullen Group collapse who are concerned about being paid.…
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- Building and Construction
What is phoenix activity?
Phoenix Activity Phoenix activity is not defined in Australian legislation.[1] Perhaps this is not surprising given that the term is notoriously difficult, if not nearly impossible to precisely define. [2] In fact, a study conducted by the International Association of Insolvency Regulators (IAIR) revealed that no jurisdiction within the association was able to categorically define…
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- Insolvency
Liquidators and administrations – in a dispute about priority between creditors, when will a judgment creditor prevail over a secured creditor?
Generally, a secured creditor is entitled to stand outside the insolvency process and seek to have any secured property excluded from being used to satisfy the unsecured debts. In the case of a floating charge (a security interest held over a fund of changing assets), whether or not the asset is captured by the…
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- Insolvency
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Town Agent Lawyers
We are available to serve as town agent lawyers in all courts in and around Brisbane. Our litigation experience ensures familiarity with the rules and customary practice of courts in Queensland and enables us to provide strategic assistance with documents, discovery and general case management in a timely and cost effective manner. The scope of…
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