Author

Maria O'Brien

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In brief In response to the COVID-19 pandemic, the Federal Treasurer, Josh Frydenberg MP, has issued a determination that temporarily permits creditors’ meetings and other meetings governed by the Corporations Act 2001 (Cth) (Corporations Act) to be convened and conducted virtually (as opposed to physical meetings), provided that all persons entitled to attend are given a reasonable opportunity to participate. The Corporations (Coronavirus Economic Response) Determination (No.1) 2020 (Cth) (the Instrument) came into effect on…

Overview The Federal Court has made orders relieving the administrators of retailer Colette from personal liability for rent in response to the COVID-19 crisis and the current uncertainty in respect of government policy about rent relief for tenants: see Strawbridge (Administrator), in the matter of CBCH Group Pty Ltd (Administrators Appointed) (No 2) [2020] FCA 472, a decision of Justice Markovic of 1 April 2020. What you need to know The decision shows that the Courts…