*Please note that the links to the content in this Part will direct you to Westlaw AU. If you are using Checkpoint, the links can be found in the Checkpoint PDF at the bottom of this post.<\/p>\n
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The latest issue of the Insolvency Law Journal<\/em> (Volume 28 Part 1) contains the following material:<\/p>\n EDITORIAL<\/a> \u00e2\u20ac\u201c General Editor: Dr David Morrison<\/em><\/p>\n Special Administration of Indigenous Corporations under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth): Recent Reviews and Proposed Reforms<\/a>\u00c2\u00a0<\/strong><\/em>\u00e2\u20ac\u201c Mary Wyburn<\/p>\n Special administration is a form of external administration of corporations registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 <\/em>(Cth), a separate legislative regime for Indigenous corporations. It is unique and differs from the standard range of external administrations available under the Corporations Act 2001 <\/em>(Cth). The article discusses the role of special administration and examines recent reviews of its operation and proposed reforms.<\/p>\n The Effect of Bankruptcy and Liquidation on Trust Property: Recent High Court Judgments and Implications for Insolvency Practitioners and \u00e2\u20ac\u0153Post-Appointment\u00e2\u20ac\u009d Dealings and Dispositions<\/strong><\/em><\/a> \u00e2\u20ac\u201c Mark Wellard<\/p>\n Two recent judgments of the High Court of Australia have confirmed a tension between the legal effect of liquidation and bankruptcy on trust property and the duty of liquidators and trustees-in-bankruptcy to secure an insolvent\u00e2\u20ac\u2122s property upon their appointment. Recent case law demonstrates that insolvency practitioners are in a difficult position when there is doubt as to whether property legally owned by an insolvent is in fact held on trust. Prudence demands that a liquidator or trustee-in-bankruptcy secure property to which the insolvent holds legal title before assessing claims of an asserted beneficial owner. However, the High Court has confirmed that \u00e2\u20ac\u0153mere\u00e2\u20ac\u009d legal title in trust property will not vest in a trustee-in-bankruptcy under s 58 of the Bankruptcy Act 1966 <\/em>(Cth) and now it is doubtful whether s 468 of the Corporations Act 2001 <\/em>(Cth) will always void a disposition of trust property after the commencement of a winding up.<\/p>\n RECENT DEVELOPMENTS<\/a> \u00e2\u20ac\u201c Editor: Dr David Morrison<\/em><\/p>\n REPORT FROM NEW ZEALAND<\/a> \u00e2\u20ac\u201c Editor: Professor Lynne Taylor<\/em><\/p>\n For the PDF\u00c2\u00a0version of the table of contents, click here: Westlaw AU – Insolv LJ Vol 28 No 1 Contents<\/a>\u00c2\u00a0or here: Checkpoint – Insolv LJ Vol 28 No 1 Contents<\/a>.<\/p>\n Click here to access this Part on Westlaw AU<\/a><\/p>\nArticles<\/h3>\n
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