Blog

A collection of news and insights about our firm and developments in the law, finance and insolvency industries

  • Panama papers

    What is the significance of the Panama Papers

    The Panama Papers leak was an international sensation. The information leaked from the database of a Panamanian law firm, Mossack Fonseca, gives an insight into the use of offshore tax havens as vehicles for secrecy and wealth protection. Ben Sewell of Sewell & Kettle Lawyers gives an introductory podcast for Tax Talks about the Panama […]

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  • The ATO battle against tax havens continues: Common Reporting Standard

    The Common Reporting Standard (CRS) is a single global standard for financial institutions to deliver financial data to tax authorities worldwide about foreign tax residents. It means that if you open a bank account on the Cayman Islands, the Australian Taxation Office (ATO) will know about it. The CRS took effect from 1 July 2017, […]

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  • Who appoints a voluntary administrator?

    A voluntary administrator can be appointed by a company’s board (i.e. its directors), secured creditor or liquidator. If a company’s board of directors determine that a company is insolvent, i.e. it is unable to pay its debts when they become due and payable, one of the tools to deal with chronic insolvency is to place the company into voluntary administration.

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  • Sewell & Kettle Lawyers new website

    Sewell & Kettle announcement: Break with tradition and move forward

    Sewell & Kettle has had a remarkable journey as a specialist law firm since it was started in 2006 by Ben Sewell. To celebrate the continued development of the firm it has refreshed its identity. The firm’s colours, website and collateral have been refreshed to align its identity with the exciting opportunities that have been opened by legal reform.

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  • What is going to change with the insolvency reforms?

    The Insolvency Law Reform Act 2016 (IRLA) and further proposed reforms are the most extensive reforms of the insolvency regime in Australia since the early 90s. Key changes professional advisers should be aware of include: Bankruptcy has been reduced to one year, the default period of undischarged bankruptcy (i.e. for individuals) is going to be reduced […]

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  • What types of finance are available in a pre-pack insolvency arrangement?

    If you are director of small-medium sized business and you are in urgent need of finance there are a limited number of options. In a scenario where you are looking to obtain working capital to fund continued business operations in preparation for a pre-pack insolvency arrangement the choices are limited. Receivables finance is […]

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