How can insolvency practitioners increase the chance of remuneration being approved by the court?

The tradition of reaching for your finest fountain pen to sign a contract at the board room is slowly fading.  With technology advancing and the law advancing with it, it is becoming increasingly common for negotiations to take place and a binding agreement reached purely through electronic communications.  And yes, this includes signing the contract!

Commencement of the new unfair contracts law is fast approaching and the pressure is on to even up the score on standard form contract terms.  Are your contract terms fair?  Now is the time to make any necessary changes before you strike out.

In July 2015 Justice Black handed down a decision in the case of Bluenergy which dealt a blow to secured creditors holding a security interest in all of a company’s present and future assets.