David Morrison

Insolvent trading and voluntary administration in Australia: Economic winners and losers?

Publisher: Wiley

Date: 14-12-2018

DOI: 10.1111/ACFI.12319

Proposed change to tax treatment of discretionary trusts in Australia: reductio ad absurdum

Publisher: Oxford University Press (OUP)

Date: 13-11-2017

DOI: 10.1093/TANDT/TTX172

VLA cm-wave survey of young stellar objects in the Oph A cluster: Constraining extreme UV- And X-ray-driven disk photoevaporation: A pathfinder for Square Kilometre Array studies

Publisher: EDP Sciences

Date: 21-10-2019

DOI: 10.1051/0004-6361/201935340

Abstract: Observations of young stellar objects (YSOs) in centimeter bands can probe the continuum emission from growing dust grains, ionized winds, and magnetospheric activity that are intimately connected to the evolution of protoplanetary disks and the formation of planets. We carried out sensitive continuum observations toward the Ophiuchus A star-forming region, using the Karl G. Jansky Very Large Array (VLA) at 10 GHz over a field-of-view of 6′ and with a spatial resolution of θ maj × θ min ~ 0.′′4 × 0.′′2. We achieved a 5 μ Jy beam −1 rms noise level at the center of our mosaic field of view. Among the 18 sources we detected, 16 were YSOs (three Class 0, five Class I, six Class II, and two Class III) and two were extragalactic candidates. We find that thermal dust emission generally contributed less than 30% of the emission at 10 GHz. The radio emission is dominated by other types of emission, such as gyro-synchrotron radiation from active magnetospheres, free–free emission from thermal jets, free–free emission from the outflowing photoevaporated disk material, and synchrotron emission from accelerated cosmic-rays in jet or protostellar surface shocks. These different types of emission could not be clearly disentangled. Our non-detections for Class II/III disks suggest that extreme UV-driven photoevaporation is insufficient to explain disk dispersal, assuming that the contribution of UV photoevaporating stellar winds to radio flux does not evolve over time. The sensitivity of our data cannot exclude photoevaporation due to the role of X-ray photons as an efficient mechanism for disk dispersal. Deeper surveys using the Square Kilometre Array (SKA) will have the capacity to provide significant constraints to disk photoevaporation.

The Insolvency Implications for Corporate Groups in Australia – Recent Events and Initiatives

Publisher: Wiley

Date: 2007

DOI: 10.1002/IIR.149

Insolvency administration as a strategic response to financial distress

Publisher: SAGE Publications

Date: 05-04-2012

DOI: 10.1177/0312896211428494

Abstract: This study considers whether the strategic decision to enter voluntary administration (VA) rather than to trade the company’s business for a protracted period of declining performance is systematically related to the effective monitoring of management decision-making. Analysis that tests the association between strategic entry into VA and the likelihood that a company will reorganize in VA is also presented. We find about half of the companies in our s le entered VA as a strategic choice. The likelihood of strategic entry to VA increased with the proportion of independent board directors, the existence of an audit committee and a dual CEO/chair board structure. Subsequent analysis of reorganization outcomes suggests that strategic entry into VA improves prospects for a successful reorganization.

The economic necessity for the Australian insolvent trading prohibition

Publisher: Wiley

Date: 2003

DOI: 10.1002/IIR.113

Insolvent trading

Publisher: University of Queensland Library

Date: 2001

DOI: 10.14264/UQL.2014.552

The Australian insolvent trading prohibition?why does it exist?

Publisher: Wiley

Date: 2002

DOI: 10.1002/IIR.101

Trustees in insolvency: the manifestation of Australia’s fascination with the use of the trust as a business vehicle

Publisher: Oxford University Press (OUP)

Date: 12-2019

DOI: 10.1093/TANDT/TTZ107

Abstract: Corporate trustees are prevalent in the operation of businesses in Australia. However, the Corporations Act in Australia makes no express provision for the insolvency of a corporate trustee. Given that the trading trust is often used for commercial purposes in Australia, together with a corporate trustee, it is important that the law reflects a clear and consistent approach in the event of the insolvency of a business owned by a trading trust. It is opined that the position of an insolvent corporate trustee ought to be, as far as possible, dealt with consistently with that of a business held directly by a company. Notwithstanding the recommendations of a 1988 inquiry reporting looming difficulty, no legislative correction has occurred. Consequently, a series of conflicting case law follows. This article considers recent developments in respect of judicial consideration in the context of the recommendations made more than 30 years previously.

Death spiral PIPEs

Publisher: Wiley

Date: 10-09-2020

DOI: 10.1111/ACFI.12535

The Australian insolvency regime revisited: a precis of the next leap forward

Publisher: Wiley

Date: 2006

DOI: 10.1002/IIR.141

Managing older people's money: assisted and substitute decision making in residential aged-care

Publisher: Cambridge University Press (CUP)

Date: 17-09-2010

DOI: 10.1017/S0144686X10000747

Abstract: Current approaches to the assessment of cognitive capacity in many jurisdictions seek to balance older people's empowerment with their protection. These approaches incorporate a presumption of capacity, a decision-specific rather than global assessment of that capacity, and an obligation to provide the support needed for adults to make or communicate their own decisions. The implication is that older people are assisted to make decisions where possible, rather than using substitute decision makers. For older people, decision making about financial matters is a contentious domain because of competing interests in their assets and concerns about risk, misuse and abuse. In residential-care settings, older people risk being characterised as dependent and vulnerable, especially in relation to decisions about financial assets. This paper reports an Australian study of the factors that facilitate and constrain residents' involvement in financial decision making in residential settings. Case studies of four aged-care facilities explored how staff interpreted the legislative and policy requirements for assisted and substitute decision making, and the factors that facilitated and constrained residents' inclusion in decisions about their finances. The observed practices reveal considerable variation in the ways that current legislation is understood and implemented, that there are limited resources for this area of practice, and that policies and practices prioritise managing risk and protecting assets rather than promoting assisted decision making.

University Of Queensland

Location: Australia

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Linkage Projects - Grant ID: LP0667810

Start Date: 06-2006

End Date: 03-2010

Amount: $231,000.00

Funder: Australian Research Council

Linkage - International - Grant ID: LX0990082

Start Date: 2009

End Date: 03-2010

Amount: $32,000.00

Funder: Australian Research Council