Enforcing Interests in Disclaimed Land

Introduction A bankruptcy trustee has the power to disclaim interests in land that are burdened with onerous covenants, unsaleable or not readily saleable. On doing so, the interest formerly held by the bankrupt re-vests in the C...

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News flash: Secured party defends registration against insolvent corporate trustee

Introduction The recent decision of the Administrative Appeals Tribunal in Re: 0 Love 0 Pty Ltd (in liquidation) ATF Cooley Trust 1, Cooley Trust 2 & Cooley Trust 3 illustrates the importance of identifying the capacity of a ...

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Hunt & Hunt’s new addition right on the money

Hunt & Hunt is delighted to announce Andrew Ham has joined as Principal in the Melbourne based Banking & Finance team. Andrew has more than 25 years' experience as a commercial and financial services lawyer and complian...

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Debt management and credit repair companies required to hold an Australian Credit Licence from 1 July 2021

In our alert on 4 March 2021 we commented on an exposure draft of proposed legislation (the National Consumer Credit Protection Amendment (Debt Management Services) Regulations 2021) requiring that debt management and credit r...

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Consultation to update and modernise the ePayments Code

ASIC is undertaking a further round of consultation in connection with its review of the ePayments Code. Back in March 2019, ASIC issued a Consultation Paper 310 (review of the ePayments Code). It then consulted widely with ind...

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Electronic Execution of Documents – Permanent Changes Afoot

Permanent changes to the laws relating to the electronic signing of documents are emerging from the ongoing COVID-19 pandemic. In mid-2020, the Commonwealth Government introduced temporary measures allowing companies to execute do...

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