What are Voidable Transactions?

Under the Corporations Act 2001, there are several transactions that may be considered voidable in circumstances where a company is placed into liquidation.

Under the Corporations Act 2001, there are several transactions that may be considered voidable in circumstances where a company is placed into liquidation.

In the video, you’ll discover these key points:

  1. The common types of voidable transactions.
  2. What is unfair preferences?
  3. What is unfair loans?
  4. What should creditors be aware of when it comes to voidable transactions?

Recent Articles

In this episode of The Cut, host Andrew Blundell, Principal at Cathro & Partners, is joined by Anna Taylor, Principal at Results Legal, to discuss various aspects of insolvency, debt recovery, and trade credit. Key Takeaways: This episode provides valuable insights for insolvency practitioners, creditors, and businesses on effectively navigating

Back in November 2023, I wrote an article about the Australian Taxation Office (“ATO”) outstanding lodgement amnesty program finishing up in December 2023. Since then, the ATO has returned to normal pre COVID collection procedures. In seeking to encourage compliance, the ATO has also issued large numbers of Director Penalty

On 4 July 2024, Downes J of the Federal Court of Australia provided a decision in favour of the ATO that contradicts how Bankruptcy Trustees have traditionally treated Capital Gains Tax (CGT) prior to June 2021 in Robson as trustee for the bankrupt estate of Lanning v Commissioner of Taxation