When does a bankrupt have an interest in land solely held by the bankrupt’s spouse?
- Published 10.04.2018
Silvia (Trustee) v Williams, in the matter of Williams (Bankrupt) [2018] FCA 189
When will a third party payment be a preference?
- Published 10.04.2018
Rambaldi v Federal Commissioner of Taxation [2017] FCAFC 217 – 18 December 2017
Published | krystal prasad
TurksLegal is delighted to announce that we have been named as a finalist in the 2018 Australasian Law Awards in the category of ‘Insurance Specialist Firm of the Year’.
The Australasian Law Awards recognise excellence and outstanding achievements in the legal industry. This marks the 8th consecutive year of recognition as a finalist in this award category.
The winners will be announced at an official awards dinner in Sydney on Thursday, 17 May 2018.
Published | krystal prasad
Congratulations to Ashton Jones, who won the Young Achiever Award at the 2018 Financial Services Council (FSC) Life Insurance Awards in Sydney on Tuesday, 20 March 2018.
TurksLegal was proud to sponsor and partner with the FSC for the Young Achiever Award which acknowledges and celebrates the positive achievements of an individual in the early stages of their career within the Australian life insurance industry.
Employers Liability Newsletter - March 2018
- Published 20.03.2018
Employers Liability Newsletter - March 2018
Debt Agreement Reform
- Published 16.03.2018
Summary
The Government recently released an exposure draft of the Bankruptcy Amendment (Debt Agreement Reform) Bill 2018 (Bill). The Bill proposes a comprehensive reform of Australia’s debt agreement system. Reform is timely having regard to the increased popularity of debt agreements as an alternative to bankruptcy. Between 2007 and 2016 new debt agreements increased from 6,560 to 12,640 per year.¹ Over the same period new bankruptcies declined from 25,754 to 16,842.²
What is a Debt Agreement?
Financial Services Bulletin - March 2018
- Published 14.03.2018
Welcome to the Financial Services Bulletin (FSB) – March Edition, 2018
This is our first FSB for the year, delivering recent industry news, an important case law development, a selection of FOS and SCT determinations and TurksLegal Q&A.
Industry News
NSW Property Update – Mandatory use of the National Mortgage Form
- Published 12.03.2018
Summary
The National Mortgage Form (NMF) is a significant national initiative aimed at standardising the form of mortgage documentation in Australia.
From 3 March 2018 all mortgages in NSW must now be prepared in the NMF which replaces the Mortgage Form 05M previously accepted by the Land Titles Office.
Facts/Background
Employers Liability Newsletter - February 2018
- Published 21.02.2018
Employers Liability Newsletter - February 2018
Farm debt mediation update – recent NSW Supreme Court decision
- Published 21.02.2018
Kiriwina Investment Company Pty Ltd v Green Lees Developments Pty Limited [2017] NSWSC 1727
Summary
A recent decision of the Supreme Court of NSW has, once again, highlighted the importance of lenders carefully assessing whether the Farm Debt Mediation Act 1994 (NSW) (Act) applies before taking steps to enforce a security.