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Two Recent Decisions Reinforce – and Refine – the Protective Scope of the Bankruptcy Code’s Safe Harbors
18 Nov 2025 07:48 GMT
… claims (unjust enrichment, constructive trust, unfair preferences under BVI insolvency law, undervalue … However, the provisions of the Bankruptcy Code permitting avoidance and recovery … 15 foreign representative (and the bankruptcy court) cannot prevent the …
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Logistics heir says he has just $2 in cash after birthday on private Fiji island
08 Dec 2025 05:12 GMT
… Australian Financial Security Authority (AFSA).
Bankrupt businessman Gregory O’Shea and … , Austrans, which was placed into liquidation in July last year.
Documents … firm was examining claims that unfair preference payments and uncommercial transactions were …
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Pandemic darling 1800 Lasagne was insolvent within five months of opening
06 Dec 2025 18:45 GMT
… has continued to trade through liquidation after founder Joey Kellock’s … , in what is known as “unfair preference payments”.
Editor's pick … given it is now in liquidation. The majority of that money …
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Ding Dong – Set-Off Is Gone: Absolutely Set-Off Is Definitely No Longer Available as A Defence to An Unfair Preference Claim: Decision Update
10 Feb 2023 07:38 GMT
… claims by liquidators for an unfair preference claim made under section … of voidable transaction claim including unfair preferences, uncommercial transactions, unfair loans, … an unfair preference claim being closed and potential returns to the liquidation …
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Bankruptcy laws to be reviewed amid jump in business failures
28 Sep 2022 04:05 GMT
“There has been no substantive review in 34 years of Australia’s insolvency structures. The historical moment is now, especially as Australia sees an uptick of insolvencies as pandemic-era protections wane, and businesses battle inflation and supply-chain …
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A Guide to Business Insolvency: What Entrepreneurs Need to Know
08 Oct 2025 22:17 GMT
… could be seen as giving unfair preference, which can be challenged by … better return for creditors than liquidation.
Liquidation: Either compulsory (court-ordered) or … voluntary (director-initiated), liquidation involves selling company assets to …
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Ingkerreke Commercial in liquidation
08 Dec 2021 08:39 GMT
… controlled Ingerreke Commercial is in liquidation and is claimed to be … , but are not limited to:–
Unfair preferences – payments made to one or …
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1800 Lasagne’s future looks grim as creditors warned ‘don’t expect a return’
29 Aug 2025 09:21 GMT
… from the directors.”
In a liquidation scenario, administrators expected a “ … without significant recovering in a liquidation.”
The guarantee scheme gives … “voidable” – including if they were unfair preference payments, administrators said.
1800 Lasagne …
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Besieged beauty chain founder faces bankruptcy
10 Sep 2019 05:01 GMT
… claims it served a bankruptcy notice against Ms Brunoli … trustee seizes control of the bankrupt’s personal assets, including … of whether I claim bankruptcy,” she said.Liquidators were … recovered $83,750 in unfair preference payments made to a creditor …
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Convector liquidation process questioned
05 Dec 2018 07:20 GMT
… criticised the administration and liquidation process, which left … on the outcome on unfair preference claims.
In its … received distributions for the liquidation recoveries of approximately $ … .
The story Convector liquidation process questioned first appeared …