Yulia Petrenko – Financier ordered to repay $2 million in Liquidator’s claim

18 March

Yulia Petrenko yulia@oracleis.com.au Financier ordered to repay $2 million to a provider (that later entered liquidation) of cross-security.   In a recent judgment, the Federal Court has awarded an approx $2 million judgment in...[Read More]

Nick Cooper – Announcement – new staff

18 March

We are pleased to welcome Stephen Flamer-Smith and Elias Hatzopoulos to our growing team. Nick Cooper nick.cooper@oracleis.com.au Oracle Insolvency Services is proud to announce that Stephen Flamer-Smith has joined our team in the role...[Read More]

Suppression on the National Personal Insolvency Index (NPII)

18 September

Suppression of personal details Yulia Petrenko yulia@oracleis.com.au Recent changes are now in place to make it easier for vulnerable individuals to supress their personal information on the National Personal Insolvency Index...[Read More]

Announcement – Registered Liquidator

2 August

Yulia Petrenko yulia@oracleis.com.au   A newly-registered Liquidator   I am proud to announce that I have recently been appointed a Registered Liquidator by ASIC.   As a Registered Liquidator, I can take...[Read More]

Debt agreement administrator fined for undue harassment – Yulia Petrenko

1 February

Yulia Petrenko yulia@oracleis.com.au The Federal Court has recently awarded a fine of $650,000 and awarded costs against a debt agreement administrator who was found to have engaged in undue harassment or coercion in collecting debt agreement...[Read More]

Bankruptcy Offences

8 September

There are numerous occasions where alleged offenders under Bankruptcy Act 1966 (Cth) (the “Act”) can be referred to the Commonwealth Director of Public Prosecutions (“CDPP”).   There have been a number of recent cases where this...[Read More]

Potential Reforms to Bankruptcy Under the New Federal Labor Government (1)

7 September

One (1) year bankruptcy, a wider scope of Part IX Debt Agreements and regulation of pre-insolvency advisors are on the agenda for the new Federal Government.   In January 2021, the then Coalition Government undertook public consultation...[Read More]