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…

5 technology tools to enhance your legal debt recovery actions

The job of your outsourced legal provider is to get you results and make your life easier. Living in a digital age, clients have a right to expect that their legal team will…

$2.7 million recovered in seven days

Large financial exposure is not uncommon in the mining and resources sector. Providing specialist representation for an equipment finance company, we were approached to recover …

Electronic signatures on guarantees = High risk for fraud and dishonesty

In a digital world, businesses have become increasingly reliant on electronically transmitted documents, including credit applications. Trade credit businesses rely heavily upon…