Insolvency test case rules in employees’ favour

The High Court has delivered a landmark decision in prioritising employee entitlements in insolvency, irrespective of whether the company was trading in its own right or as a trustee.

Shared by MyBusiness
•
June 25, 2019
•
1 minute read

Share this article

Insolvency test case rules in employees’ favour

Last week, the High Court dismissed an appeal in Carter Holt Harvey Woodproducts Australia Pty Ltd v The Commonwealth of Australia and Others [2019] HCA 20.

More from Public AccountantVIEW MORE

Equipping professional accountants for sustainability

The International Federation of Accountants has developed a concise resource to guide accounting professionals and...

Jim Chalmers warns budget revenue upgrades will be modest but flags...

Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...

QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...

Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...

Insolvency test case rules in employees’ favour

Subscribe to Public Accountant

More from Public AccountantVIEW MORE

Equipping professional accountants for sustainability

Jim Chalmers warns budget revenue upgrades will be modest but flags...

QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...

Lessons from the Plutus Payroll tax fraud case

Tax data: Trends in individual taxes, deductions and offsets

Pre-budget special: Senator David Pocock on tax reform

6 must-listen podcasts for accountants

Pre-budget special: Allegra Spender MP on tax reform

ATO ‘should have acted earlier’ on 100A

ATO extends consultation period on section 100A due to overwhelming response

ATO extends consultation period on section 100A due to overwhelming response

ATO extends consultation period on section 100A due to overwhelming response

Back Home flood grant now open