Business Law Library & Tracker
Insolvency & Restructuring
Liquidation, voidable transactions, director risk and distressed counterparties.
Sources last reviewed 17 Aug 2026
Main law guides
158
Acts, regulations and codes worth reading first
Topics
60
Plain-English clusters
Published case explainers
97
Selected cases with a business lesson
Tracked updates
11
New, amended & reviewed
Plain-English explainers, not legal advice. Use the linked official source for section-level detail, and get advice for your situation.
Get legal helpMain laws
Receiverships Act 1993
1993 No 122
Insolvency Act 2006
2006 No 55
Farm Debt Mediation Act 2019
2019 No 73
Corporations (Investigation and Management) Act 1989
1989 No 11
Insolvency (Cross-border) Act 2006
2006 No 57
Insolvency Practitioners Regulation Act 2019
2019 No 29
Cases
Westgate Town Centre Limited (In Liquidation) v Westgate Properties Limited
If an outcome is commercially critical, put it into the contract in clear operational terms. Do not assume a shared project vision, planning framework or agreed...
Yan v Mainzeal Property and Construction Ltd (in liquidation)
Directors of a group company need evidence that promised support is real, sufficient and available when required. Comfort from a shareholder or related company is...
Debut Homes Ltd (in liquidation) v Cooper
A controlled wind-down still needs a lawful creditor plan. Directors should not keep trading merely because completion may improve the net position if the plan...
Riki Scott Steen Walls v Ulsterman Holdings Limited (In Liquidation)
The practical lesson is direct. If you are served with court proceedings, especially by liquidators, do not wait for a second warning. In this case, the defendant...
McIntosh v Fisk
Money received before a collapse is not automatically safe. Liquidators may distinguish between value genuinely supplied and apparent profit generated only by an...
Allied Concrete Ltd v Meltzer
If a customer is in financial trouble, getting paid is not always the end of the story. Suppliers should keep evidence of ordinary trading, value given and what...
Vikram Kumar and Nirupama Kumar v Station Properties Limited (in liquidation and in receivership)
For business owners, the core lesson is simple: do not assume you can enforce a contract just because the other side has stopped cooperating. Before issuing a...
P (SC 87/2012) v Bridgecorp Ltd (In Receivership and in Liquidation)
If your business uses settlement deeds, payment plans or workout arrangements, this case is a reminder to draft enforcement documents carefully. A pre-signed...
Evgeny Orlov v Anza Distributing (NZ) Limited (In liquidation) and USG Interiors Pacific Limited
If your business wants both settlement certainty and an appellate ruling, do not assume you can safely settle first and appeal later. This case shows that once a...
Peterson Portable Sawing Systems Limited In Liquidation and Anor v Lucas and Anor
For business owners, the durable lesson is not about sawmills as such. It is about how fragile an intellectual property position can be if the legal claim is wider...