Insolvency Law Intensive Package

Insolvency Update 2020 - 2021 

This session will provide practitioners with a review of the most recent, significant legislative updates and trends in insolvency law including:

• An outline of the temporary legislative changes to insolvency law;
• Bankruptcy law temporary changes;
• Guidelines for trustees during COVID-19
• Temporary changes for directors during COVID-19;
• Director Penalty Notices – Changes to the regime, what can and can’t be included in a DPN while temporary measures are in place;
• Insolvencies/ statistics during COVID-19.

Presented by: Brenton Devanny, Barrister, Victorian Bar

Voidable Transactions and Unfair Preferences During COVID-19 

This session will discuss the impact the COVID-19 pandemic is having on voidable transactions, in particular unfair preferences, and how to best advise your client when they are dealing with businesses in distress.

This session will cover:

• Voidable transactions during COVID-19;
• Advising clients receiving payments from businesses in distress during COVID-19;
• What protections are available to your clients to avoid an unfair preference claim;
• Defences available to voidable transactions and the implications of using the “good faith” defence during the COVID-19 period.

Presented by: Sam Kingston, Partner, Maddocks

Meetings of Creditors and Execution of Company Documents During COVID-19 

This session will discuss the temporary modifications to the requirements surrounding the execution of company documents, and how company meetings can be held during the COVID-19 pandemic.

This session will include:

• Corporations (Coronavirus Economic Response) Determination (No. 1) 2020 (the Determination) applicable until the 6 November 2020;
• How companies can execute documents during COVID-19;
• How to best facilitate a virtual meeting for director’s, meetings of members and meetings of creditors.
• The implications of the temporary modifications on both insolvency practitioners and company directors and the risks to look out for.

Presented by: Matthew Harvey S.C, Barrister, Victorian Bar

John Heard, Barrister, Victorian Bar