Teagan Matthews

Aug 18, 2024 | lexology.com | Nastasja Suhadolnik |Michael Earwaker |David Anthony |Teagan Matthews |Rebecca Chew |Oliver Spackman

The recent judgment of the High Court of Australia (High Court) in Tesseract International Pty Ltd v Pascale Construction Pty Ltd [2024] HCA 24 marks a seminal shift in arbitration in Australia. Key takeawaysIn a significant reversal of the previously widely-held understanding, proportionate liability legislation will apply in most arbitrations in most Australian states, unless the parties’ arbitration agreement expressly provides otherwise.

May 18, 2024 | mondaq.com | Mark Wilks |Brooke Egan |Teagan Matthews |Rebecca Chew

In a recent decision of the Supreme Court of New South Wales (In the matter of Pacific Plumbing Group Pty Limited (in liquidation)  [2024] NSWSC 525), Justice Black determined that a payment made by a third party was not an unfair preference because the payment did not diminish assets available to creditors. When identifying potential recoveries, liquidators should carefully consider whether payments made by third parties amount to unfair preferences.

May 16, 2024 | lexology.com | Mark Wilks |Brooke Egan |Teagan Matthews |Rebecca Chew

In a recent decision of the Supreme Court of New South Wales (In the matter of Pacific Plumbing Group Pty Limited (in liquidation) [2024] NSWSC 525), Justice Black determined that a payment made by a third party was not an unfair preference because the payment did not diminish assets available to creditors. Key TakeawaysWhen identifying potential recoveries, liquidators should carefully consider whether payments made by third parties amount to unfair preferences.