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Insolvency News and Articles  03-11-11  DISPUTED DEBT - Company not saved from insolvency The courts have found a company can be wound up for insolvency even though its debt is in dispute.  29-08-11  MEDIATION - Court is not the only way to resolve a dispute Mediation can be a much more user-friendly way of resolving a dispute than going to court, and it has a proven success rate.  16-02-11  Director Penalty Notices There are a number of ways a company director can become personally liable for the debts of his or her company.  30-07-10  Insolvency - You can serve a bankruptcy notice by email While serving bankruptcy notices by post has been valid for many years, most people still use hand delivery.  30-07-10  Fraud in tender Limitation caps won't limit liability On the basis that it is contrary to public policy to do so, liability for fraud cannot be limited or excluded by a contract.  30-07-10  Credit History - How can businesses comply with privacy laws? Some simple tweaks to procedures and documentation may be all that is needed to allow businesses to comply with privacy legislation while sharing customers' details with credit-reporting networks.  08-02-10  Resisting A Liquidator's Claims - How to hang on to payments made to you What happens if a company which cannot pay its debts goes into liquidation, and the liquidator sends you a letter alleging that the company has been trading while insolvent and demanding that you return all the payments made to you over the past months?  08-02-10  Surviving a Statutory Demand - How to have one set aside A company served with a formal demand for payment of a debt, known as a statutory demand, has three options to avert bankruptcy action being taken.  25-02-2009  Is a Creditor's Statutory Demand for Payment of Debt left in a letter box validly served? This question was considered in the NSW Supreme Court the recent matter of James v Ash Electrical Services Pty Ltd (2008) 26 ACLC 1252.  25-02-2009  CAMAC- Issues in external administration On 11 December 2008 the Corporations and Markets Advisory Committee ("CAMAC") released it's report on issues in external administrations.  25-02-2009  Cross-Border Insolvency Act 2008 The Cross-Border Insolvency Act 2008 received royal accent on 26 May 2008 and came into affect on 1 July 2008.  25-02-2009  ATO Indemnity from Directors on being ordered to repay voidable preferences An ATO Deputy Commissioner was successful in her application to be indemnified by the husband and wife tax payers.

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