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Maria OBrien

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Maria O’Brien is the head of the Restructuring & Insolvency practice at Baker McKenzie's Australian offices. She previously led the Firm's Asia Pacific Restructuring & Insolvency Working Group and is a member of the Global Restructuring & Insolvency Steering Committee. Maria is a Fellow of INSOL International (the International Association of Restructuring, Insolvency & Bankruptcy Professionals), and a director of the Turnaround Management Association (Australia). Maria has been ranked as a Leading Individual in Restructuring/Insolvency by Chambers Asia Pacific every year since 2011 and has been ranked in the peer-assessed Best Lawyers for Insolvency and Reorganisations every year since 2009. She was the winner of the International Women's Insolvency & Restructuring Confederation NSW's inaugural Award for Outstanding Female in the Insolvency and/or Restructuring Industry in 2009.

In brief The Supreme Court of Victoria has found liquidators can be made personally liable for clean-up costs in respect of land that was, on their appointment, polluted or environmentally hazardous as “occupiers” under the Environment Protection Act 1970 (Vic) (EP Act).[1] A disclaimer notice issued by the liquidators in respect…

Directors of Australian companies face significant personal monetary — and potential criminal and adverse professional — consequences if they allow the company to trade whilst insolvent. Australian insolvent trading laws are harsher, and more frequently utilised to prosecute directors personally, than in many other jurisdictions including in the US and…