Orla McCoy

Banks, retailers and ATM operators depend on cash transport, processing and management services to maintain access to cash. Rates of cash use are collapsing, placing the sector in structural decline with service providers in the industry un…

Middle East conflict and Strait of Hormuz disruption are increasing insolvency risks. Key steps directors should take to become “distress ready”. Find out more at Gilbert + Tobin.

Federal Court confirms that releasing security can be a ‘compromise’ under s 477(2A) – key guidance for liquidators managing secured debt recoveries.

In the decision in Woodhouse, in the matter of Panoramic Resources Limited [2024] FCA 449, handed down this week (1 May 2024) by Feutrill J, the Federal Court of Australia considered the meaning of  ‘Secured Property ‘as de…

Legal proceedings need to be filed before the end of any relevant limitation period, otherwise they will be time-barred — often irreparably. There are various reasons why a person may delay commencing proceedings - for example, they m…

The decision in RPPS v Brookfield is the first recorded instance of s 151 of the PPSA being enforced (with a $30,000 penalty imposed for an improper registration). It serves as a caution to those making spurious registrations, but reasonabl…

When a company becomes financially distressed, directors are often have to act quickly and decisively.