The latest in credit law

‘GOOD FAITH’ DEFENCE — a recent decision tests the effectiveness of the defence

Author – Nicholas Boyce A recent test of the 'good faith' defence in resisting a preference claim highlights the effectiveness of having your recovery processes in order and …

Articles

‘GOOD FAITH’ DEFENCE — a recent decision tests the effectiveness of the defence

Author – Nicholas Boyce A recent test of the 'good faith' defence in resisting a preference claim highlights the effectiveness of having your recovery processes in order and …

IS IT REALLY A PERSONAL GUARANTEE? – Another personal guarantee gone wrong

Author - Nicholas Boyce Creditors are often faced with disputes by guarantors over the validity and enforceability of a guarantee following a failure by the principal to pay a d…

Important win for creditors defending unfair preference claims

The ‘PPSA defence’ has, in recent times, become a very valuable tool used by creditors to defend unfair preference claims. The Supreme Court of South Australia recently overtu…
View all 10 articles in Articles

Case Studies

Ownership dispute over abandoned chattels

The Results Legal team was recently engaged to assist one of our banking clients seize and sell land subject to first registered mortgage security. A shipping container filled w…

Minority creditor terminates director friendly voluntary administration

After pursuing a long and hard fought Supreme Court claim, our client obtained judgment for an amount of $1.64 million.  Shortly thereafter, the defendant company was placed into …

Removal of squatter from property seized from deceased estate

Secured recovery actions can often involve complex and contentious situations which require attention a focus on risk management. This was evidenced in one particular matter whe…
View all 11 articles in Case Studies

Commercial Disputes

Mining dispute successfully resolved

Our client, a large heavy equipment supplier, sold several used items of mining equipment for use at a mine site which required commissioning.  A separate contract was also entere…

Personal guarantees gone wrong

A well executed personal guarantee can be the holy grail of debt recovery tools, but one overlooked detail can bring the whole thing to its knees. It is surprising the number of…

Expanded rights for retention of title creditors

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View all 6 articles in Commercial Disputes

Factsheets

Electronic Transactions

Electronic transactions are now an every day part of business life. The benefits to business of embracing electronic transactions such as online credit applications and the ele…

Unfair Contracts

Unfair contract term provisions currently in place for consumers will be extended to cover "small businesses" in amendments going live on 12 November 2016. If your company trade…

Resolving Disputed Claims

No matter how good a business's systems and processes are, from time to time disputed claims are likely to arise. Disputed claims are high risk. In addition to the principal deb…
View all 4 articles in Factsheets

Insolvency

‘GOOD FAITH’ DEFENCE — a recent decision tests the effectiveness of the defence

Author – Nicholas Boyce A recent test of the 'good faith' defence in resisting a preference claim highlights the effectiveness of having your recovery processes in order and …

Minority creditor terminates director friendly voluntary administration

After pursuing a long and hard fought Supreme Court claim, our client obtained judgment for an amount of $1.64 million.  Shortly thereafter, the defendant company was placed into …

Asset realisation in complex insolvency estate

In 2014, Results Legal was instructed by the trustee in Bankruptcy of former horse racing and breeding magnate, Lee James Fleming, who had previously run a horse stud in southern V…
View all 15 articles in Insolvency

Legal Recovery

‘GOOD FAITH’ DEFENCE — a recent decision tests the effectiveness of the defence

Author – Nicholas Boyce A recent test of the 'good faith' defence in resisting a preference claim highlights the effectiveness of having your recovery processes in order and …

Personal guarantees gone wrong

A well executed personal guarantee can be the holy grail of debt recovery tools, but one overlooked detail can bring the whole thing to its knees. It is surprising the number of…

Receivership/Administration/Liquidation. What’s the difference and how does it affect creditors?

The appointment of an insolvency practitioner to a debtor usually strikes fear into the hearts of creditors, as it is considered to mark the death of the company with zero return o…
View all 7 articles in Legal Recovery

PPSA

‘GOOD FAITH’ DEFENCE — a recent decision tests the effectiveness of the defence

Author – Nicholas Boyce A recent test of the 'good faith' defence in resisting a preference claim highlights the effectiveness of having your recovery processes in order and …

Hirers and lessors beware

KEEP UP OR RISK YOUR GOODS AND SECURITIES SLIPPING THROUGH YOUR HANDS. While your contracts may be watertight in today's legal environment, unless you make changes before the Pers…

Retention of title – weaknesses and reforms

Will your safety net catch you or tear apart when tested? While an effective RoT clause can be your saving grace if you are unfortunate enough to deal with defaulting and/or ins…
View all 5 articles in PPSA

Preference Defences

‘GOOD FAITH’ DEFENCE — a recent decision tests the effectiveness of the defence

Author – Nicholas Boyce A recent test of the 'good faith' defence in resisting a preference claim highlights the effectiveness of having your recovery processes in order and …

Important win for creditors defending unfair preference claims

The ‘PPSA defence’ has, in recent times, become a very valuable tool used by creditors to defend unfair preference claims. The Supreme Court of South Australia recently overtu…

Court permits a set-off against a liquidator’s unfair preference claim for unpaid debt

In a significant win for creditors, the District Court of Queensland recently applied a set off for unpaid debts owed to a creditor against a liquidator’s claim to recover sums a…
View all 3 articles in Preference Defences

Presentation recordings

Illegal Phoenix Activity

 Illegal phoenix activity has become an increasingly common problem for trade creditors. Well advised directors are regularly walking away from company liabilities, only to r…

Electronic Transactions – Personal Liability in the Digital Age

Electronic transactions are now an everyday part of business life. The benefits to business of embracing electronic transactions such as online credit applications and the e…

Avoiding and resolving disputed claims.

Disputed claims are time consuming and costly to business. Unless resolved, disputed claims also undermine the effectiveness of trade credit insurance cover. The presenta…
View all 3 articles in Presentation recordings

Secured Recovery

Ownership dispute over abandoned chattels

The Results Legal team was recently engaged to assist one of our banking clients seize and sell land subject to first registered mortgage security. A shipping container filled w…

Removal of squatter from property seized from deceased estate

Secured recovery actions can often involve complex and contentious situations which require attention a focus on risk management. This was evidenced in one particular matter whe…
View all 2 articles in Secured Recovery

Slideshows

Insolvency Law Reform – AICM National Conference 2017

If you would like to view the slideshow from Karl Hill's Insolvency Law Reform presentation at the AICM National Conference 2017 please click here. A video copy of the presen…
View all 1 articles in Slideshows