Regulation/Legislation

Do you bit for insolvency law reform!

Registered trustees, debt agreement administrators & other insolvency practitioners – can you help with research on personal insolvency law? A Melbourne Law School PhD study is researching the options available for people who are over-indebted, including bankruptcy and debt agreements. Nicola Howell’s study is focusing on the impacts of the different options on debtors, including the extent to which debtors improve their financial situation and…

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ASIC follows AFSA’s lead in deputising profession

Deregistered Trustee David John Leigh. Don’t you love this initiative by the regulators to make registered practitioners responsible if a disgraced ex-trustee or liquidator weedles their way back into the game? The thought occurred to INO following Wednesday’s announcement by ASIC in regards to David John Leigh, the former PPB Advisory partner who misappropriated $800,000 from a liquidation account between July and November in 2017. The committee…