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Recorded Webinars

Recorded Webinar: Mischief Managed: Voidable Preferences, Section 588FA and the 'Doctrine' of Ultimate Effect

Despite 29 years having passed since the introduction of s588FA of the Corporations Act, the question of whether the diminution of a company’s assets is a pre-condition to the existence of a preference has still not been authoritatively determined. To explore this issue in more de

Date/Time

About the Webinar

Despite 29 years having passed since the introduction of s588FA of the Corporations Act, the question of whether the diminution of a company’s assets is a pre-condition to the existence of a preference has still not been authoritatively determined. To explore this issue in more detail, this session will discuss:

  • The effect of a payment on the assets available for distribution among creditors;
  • The case of Cant v Mad Brothers Earthmoving and the consideration of that case in the subsequent case of Western Port Holdings Pty Ltd
  • The origin of the so-called ‘doctrine’ of ultimate effect, the difficulties associated with its application and whether it has a place in modern times
  • Practical case studies

Presented By

Allan Kawalsky
Partner, Turks

Who Should Attend?

This webinar is suitable for lawyers practising in commercial law – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Lawyers can claim up to 1 CPD unit/point – substantive law . This webinar has been designed to run for 1 hour. WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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