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Australia
Corrs Chambers Westgarth
Restructuring & Insolvency Comparative Guide for the jurisdiction of Australia, check out our comparative guides section to compare across multiple countries
Bartier Perry
discusses the fundamental considerations in respect of the various stages of the voluntary administration process.
Norton Rose Fulbright Australia
Post COVID-19, the Government could face calls for permanent changes to make our corporate rescue laws more flexible.
Madgwicks
The law provides a mechanism for restructure – the voluntary administration regime of the Corporations Act (Part 5.3A).
KordaMentha
Legislation in Australia should enable a retailer to exit unprofitable stores without collapsing the whole network.
KordaMentha
Without deep co-operation between government, business and stakeholders we are heading for a spiral of company failures.
Corrs Chambers Westgarth
Amongst other things, the Act makes significant changes to creditor's statutory demands and insolvent trading laws.
Kells
This government economic response hopes to prevent otherwise profitable and viable businesses from financial distress.
Corrs Chambers Westgarth
Directors may seek sanctuary from personal liability in the safe harbour regime, a relatively recent addition to the Act.
DLA Piper
The use of creditors' schemes of arrangement is on the rise in Australia. Along the way the Australian courts have made valuable contributions to international scheme jurisprudence.
Corrs Chambers Westgarth
Courts will set aside a resolution if there are deficiencies in the process by the person who exercises a casting vote.
Worrells Solvency & Forensic Accountants
In this current economic climate, small business operators who see no future ahead, may still have options to consider.
Corrs Chambers Westgarth
In the current global and domestic markets, few things are clear other than that volatility and change are ever-present.
KordaMentha
The TMA Australia Survey provides insights into causes, challenges and successes of Australian corporate turnarounds.
Worrells Solvency & Forensic Accountants
This court appointment is an option available to CTS lot owners to terminate a property venture when owners cannot agree.
Corrs Chambers Westgarth
This week's TGIF considers when a special purpose liquidator might be appointed to investigate 'not viable' claims.
DLA Piper
The use of creditors' schemes of arrangement is on the rise in Australia (as we discussed in our previous article - Update on Creditors Schemes of Arrangement in Australia).
Corrs Chambers Westgarth
Safe harbour protection for company directors was one of a number of restructuring reforms to relax the insolvency laws.
Worrells Solvency & Forensic Accountants
With the big banks tightening their lending criteria, the popularity of the private lending market continues to increase.
Jones Day
The receivers and the Commonwealth opposed the liquidators' position that the payments should be made by the liquidators.
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