Regulation/Legislation

AAT cancels Committee’s cancellation order

KordaMentha Singapore partner Cameron Duncan. One bad interview before a disciplinary committee is all it takes to lose one’s registration as a liquidator. Fortunately, one good performance before the Administrative Appeals Tribunal (AAT) is all it takes to have an order cancelling one’s registration overturned. “the committee’s adverse decision appeared to be premised almost entirely on what it took to be Mr Duncan’s sub-optimal performance…

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The conspicuous ubiquity of an abundance of caution

Balance Insolvency principal Tim Cook. An abundance of caution. If ever there was a phrase that gets an airing in most if not all court applications it would be this, at least when those applications involve an insolvency practitioner seeking fee approval for work performed as both liquidator of a corporate trustee and receiver of the associated trust assets. The reason for the phrase’s frequency…