cart Cart
Your cart
Your cart is empty

Browse courses to find something that interests you.

Register search
SHORT COURSE

Insolvency Law Update

Join us virtually at UTS to hear from leading practitioners and academics on current insolvency issues for small and medium business advisors, including asset protection and legislative changes. Update your knowledge base of established and new insolvency regimes, with valuable insights in advising on the important decisions facing insolvent clients.

About this course

Temporary insolvency law responses to COVID-19 that were introduced in 2020 have now been replaced with more comprehensive reforms. These reforms are particularly important to small and medium businesses and their advisors. They include new debt restructuring plans, a new simplified liquidation process and a new class of specialist restructuring practitioner.

In this legal CPD course, participants will hear from leading experts about the new debt restructuring plans for small to medium enterprises (SMEs) and related developments in insolvency law. You will review the corporate insolvency reforms and associated processes, including small business restructuring, acts of insolvency since COVID-19, the new class of restructuring practitioners and management of debt restructuring plans.

Our speakers will also provide an update on voluntary administration with examples involving SMEs and examine the benefits of utilising the voluntary administration and deed of company arrangement regimes.

Asset protection strategies, and how the structuring of entities and taxation or superannuation considerations can help shape those strategies, will also be discussed.

Key benefits of this course

This short course has been designed to give participants:

  • Insights into current issues and legislative updates in the area of insolvency law
  • Knowledge of the new debt restructuring plans for SMEs
  • CPD points: For NSW lawyers seeking to include this study towards their legal Continuing Professional Development requirements, note that completion of this short course may count as 3.5 CPD units (one legal CPD unit per hour).         

Price

Full price: $484 (GST-free)*

*Price subject to change. Please check price at time of purchase. 

Discounts are available for this course. For further details and to verify if you qualify, please check the Discounts section under Additional course information.

Enrolment conditions

COVID-19 response 

Additional course information

Course outline

8:45am: Welcome and Introduction

Chair: Mark Wellard, UTS Convenor of the ARITA Advanced Certification program and Senior Lecturer, UTS Law

8:50am: Corporate insolvency reforms: debt restructuring plans for SMEs

Speaker: Ingrid King, Barrister, Tenth Floor St James Hall Chambers

  • Corporations Amendment (Corporate Insolvency Reforms) Regulations 2020 (Cth)
  • Insolvency Practice Rules (Corporations) Amendment (Corporate Insolvency Reforms) Rules 2020 (Cth) and associated explanatory materials.
  • New role for liquidators and a new kind of insolvency professional
  • Contingent liabilities
  • Preferences and payments to related parties
  • Fees
  • Functions of the Small Business Restructuring Practitioner (SBRP) for a restructuring plan.

9:50am: Update on established insolvency regimes

Speakers: Kate Conneely, Partner, KordaMentha and Sophia Spiliotopoulos, Director, KordaMentha

  • Insolvency – the tests and commercial realities
  • Key stakeholders affected by insolvency and their options
  • Overview of formal corporate insolvency appointments
  • The benefits and mechanisms of voluntary administration (VA), including the process and outcome for stakeholders
  • Deed of Company Arrangement (DOCA) – a compromise with a company’s creditors
  • Creditors' voluntary liquidation (CVL), including the new ‘simplified liquidation’ process
  • The process and role of winding up applications including the powers conferred upon a liquidator.

11:05am: Morning tea break (20 mins)

11:25am: Tips on asset protection and bankruptcy - tax, super and business entity considerations

Speaker: Amrit McIntyre, Partner, Baker & McKenzie

  • The impact of tax grouping on the use of a related entity
  • Risks of inter-company transactions and loans
  • Strength of Trust structures and pressure on beneficial ownership
  • Directors’ liabilities.

12:15pm: Q & A with all speakers

12:30pm: Close.

Course learning objectives

This short course will equip participants with:

  • Updates on the new small business insolvency and restructuring procedures
  • A general understanding of insolvency
  • Insights into the benefits and the mechanisms of voluntary administration
  • Valuable advice about asset protection strategies, including tax, superannuation and business entity considerations
  • An understanding of the motivation and interests of stakeholders such as the Australian Taxation Office, creditors, employees or trust beneficiaries.

Requirements

Mandatory

This course will be facilitated online using Zoom, with course materials provided via the Canvas LMS. You will need:

  • Access to a computer or device with a reliable internet connection
  • Operating system compatible with Zoom and a web browser compatible with the Canvas LMS
  • Speakers or headphones for audio
  • Microphone and video camera functionality (optional but recommended).

Discounts

Discounts are available for this course as follows: 

  • Multiple enrolments from the same organisation: 10-15% discount
  • UTS staff, alumni and current students: 10% discount with voucher codes UTS Student / Alumni: Lawalumni

Discounts cannot be combined and only one discount can be applied per person per course session. Discounts can only be applied to the full price. Discounts cannot be applied to any offered special price. 

Multiple enrolments from the same organisation

To take up this offer, email law.shortcourses@uts.edu.au with:

  • Your organisation’s name
  • The course name and date 
  • The number of people you’ll be enrolling (minimum of 2 participants).

How to enrol and obtain your UTS staff discount

Please contact the team at support@open.uts.edu.au to clarify payment options and the 10% staff discount code.

How to apply your discount voucher 

  • If you are eligible for a UTS alumni or student discount, please ensure you have provided your UTS student number in your UTS Open Profile(under “A bit about you”). If you are an alumni and have forgotten your UTS student number, email support@utsopen.uts.edu.au with your full name, UTS degree and year of commencement.  
  • Add this course to your cart 
  • Click on "View Cart" (blue shopping trolley at top right of screen). You will need to sign in or sign up to UTS Open 
  • Enter your eligible code beneath the “Have a code?” prompt and click on the blue "Apply" button 
  • Verify your voucher code has been successfully applied before clicking on the blue "Checkout" button.

Contact us

Who is this course for?

This short course is suitable for, but not limited to:

  • General practitioners completing continuing legal education
  • Commercial law and insolvency specialists
  • Franchise advisors
  • Directors of small and medium enterprises (SMEs)
  • Chief financial officers (CFOs)
  • General counsel
  • Solicitors in general practice
  • Government or agency lawyers.
$484.00

START DATE

24 March

MODE

Online

DURATION

4 hrs

Meet the Experts

Mark Wellard

Mark Wellard
Senior Lecturer, Faculty of Law

Senior Lecturer Mark Wellard is a published insolvency law academic and former Legal Director of ARITA. Before becoming an academic, Mark practised as a senior insolvency lawyer with leading law firms in Australia and the UK. Mark leads the UTS team that develops and delivers ARITA Advanced Certification.

More Less

Ingrid King

Ingrid King
Barrister, Tenth Floor St James Hall

Ingrid King is a barrister at Tenth Floor St James Hall and practices in general commercial and public law. She regularly appears for private companies, insolvency practitioners, directors and government entities in state and federal courts, commercial arbitrations and tribunals.

Ingrid has a strong background in corporate law (including insolvency), regulatory law, and statutory interpretation. In addition, she appears in judicial review proceedings in the Land and Environment Court and the Federal Court.

Ingrid teaches Securities Regulation at UTS and she is the NSW Deputy Chair of the Insolvency and Restructuring Committee of the Law Council of Australia.

More Less

Kate Conneely

Kate Conneely
Partner, Restructuring, KordaMentha Sydney

Kate is a Partner in KordaMentha’s Restructuring group in Sydney. She has over 13 years’ experience specialising in formal insolvency, restructuring, litigation strategy and expert reporting.

With a proven track record, Kate has worked with small enterprises through to large corporate groups across a broad range of industries, including manufacturing, wholesaling, real estate, and sports administration. Clients appreciate her results driven approach, her ability to find pragmatic creative solutions, and gain consensus at speed.

Kate is a Registered Liquidator and her academic achievements include a Bachelors of Laws and Business from UTS, and Chartered Accountancy (CA ANZ).

More Less

Sophia Spiliotopoulos

Sophia Spiliotopoulos
Director, Restructuring, KordaMentha Sydney

Sophia is a Director in KordaMentha’s Restructuring group in Sydney. She has over 11 years’ experience in formal insolvency engagements, including working with Australia’s major financiers. She specialises in trading external administrations, sales of business, receiverships, voluntary administrations and liquidations.

Sophia also has experience in audit and compliance reporting for government agencies, including ACCC and ACMA. Her considered yet logical approach and expertise in managing commercial matters have seen her achieve results for clients.

Sophia is a Chartered Accountant (CA ANZ) and holds an ARITA Advanced Certificate in Insolvency in addition to a Bachelor of Business (majoring in Accounting and Finance) from UTS.

More Less

Amrit MacIntyre

Amrit MacIntyre
Partner, Baker McKenzie

Amrit MacIntyre is a partner in the Sydney office of Baker McKenzie where he focuses on taxation planning and advisory work. He is one of Australia's most prominent tax lawyers and is a member of the Australian Taxation Office Public Rulings Panel and chairperson of Office of State Revenue/Taxation Institute of Australia Liaison Committee.

Amrit is recognised as a leading practitioner in Asia Pacific Legal 500, Chambers Asia Pacific, International Tax Review's World Tax, International Tax Review's Indirect Tax Leaders Guide, International Tax Review's Tax Controversy Leaders Guide, PLC Which Lawyer?, Tax Directors Handbook, Who's Who Legal Corporate Tax and The Australian Financial Review's Best Lawyers in Australia.

More Less

Book a session

Thu 24 Mar 2022 -
Thu 24 Mar 2022
Expert: Mark Wellard, Ingrid King, Kate Conneely, Sophia Spiliotopoulos, Amrit MacIntyre
  • This course will be facilitated using Zoom video conferencing with course materials provided via Canvas LMS.
  • Online
  • 1 session, 4 hours total

Enrolments are scheduled to close at 12.00pm AEDT on Wednesday 23 March 2022.

We use cookies

We use cookies to help personalise content, tailor and measure ads, plus provide a safer experience. By navigating the site, you agree to the use of cookies to collect information. Read our Cookie Policy to learn more.

loading