Small Business Insolvency Reforms Update

Small Business Insolvency Reforms Update

The Treasury has provided further insight this month into the operation of the proposed reforms that will see the most significant changes to the Australian insolvency framework in almost 30 years. With a wave of insolvencies expected in 2021 as the measures...
Litigation Funding – a Tool for Creditors?

Litigation Funding – a Tool for Creditors?

If employed strategically by creditors, litigation funding can enable the creditor to seek a priority payment, which may result in a significant recovery. With the anticipated flood of new insolvencies as a result of the COVID-19 pandemic, being aware of the key...
Asset Realisation in Complex Insolvency Estate

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 Victoria that was home to Bel Esprit – the sire of undefeated mare Black Caviar. At...