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Funds Management and Superannuation

A $2 million-dollar error: What SMSF professionals can learn from the auditor liability cases

Recent findings highlight SMSF audit risk and provide highly useful, transferable lessons for accountants and lawyers.

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Extension of time for liquidator to bring proceedings due to COVID-19

Extension of time for liquidator to bring proceedings due to COVID-19
In a recent Federal Court case, the Court had to consider whether a liquidator was entitled to an extension of time to bring proceedings pursuant to section 588FF(1) of the Corporations Act due to COVID-19.
7 November, 2021
First meeting of creditors in an administration and its importance

First meeting of creditors in an administration and its importance
The first meeting of creditors in an administration, although procedural, is still important. This was highlighted in the recent case of Bluechain Pty Ltd (No 2) [2021] VSC 260. Facts The Court ordered that provisional liquidators be appointed to the company and...
25 October, 2021
Update on Mandatory COVID-19 Vaccination

Update on Mandatory COVID-19 Vaccination
On 15 October 2021, the Chief Health Officer (CHO) issued the COVID-19 Mandatory Vaccination (Workers) Directions (No 3) (Directions) under the Public Health and Wellbeing Act 2008 (Vic). The Directions expand the workers-specific definitions under Schedule 1. This paper provides...
18 October, 2021