Fightback! SMEs get a new restructuring tool
The federal Treasurer has announced a new restructuring regime for struggling small to medium enterprises (SMEs)[1] which adopts a ‘debtor-in-possession’ model for companies owing less than $1 million.
Zoom webinars on insolvency
Here are some links to recordings of insolvency-related webinars that I’ve been running recently for the Ross Parsons Centre at Sydney Law School. You can find a range of podcasts […]
Insolvency Law is Failing SMEs
Michael Murray and I recently wrote a short note for the Sydney Law School website (see here) that commented on the recent report by the ASMFEO on SMEs and insolvency […]
Zoom events
Just a quick update to share details of a couple of insolvency events I’m involved in. Firstly, I chaired a webinar this week on the decision in Dalian Huarui Heavy […]
Managing the insolvency curve – a new government role is needed?
There is expected to be a wave of businesses and individuals going into liquidation or bankruptcy despite the huge financial measures being taken by the government. These insolvencies will occur […]
Spanish insolvency law
Here is a recording of the free webinar on September 30th 2019 that I ran for the Ross Parsons Centre at Sydney Law School. The webinar featured Dr Zofia Bednarz, […]
The Combatting Illegal Phoenixing Bill 2019
The Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 was reintroduced into Federal Parliament on 4 July 2019, after lapsing at the last election. This Bill is another example of using […]
Treading a fine line in restructuring work
Facilitating restructuring and turnaround of companies in financial difficulty is one of the goals of Australia’s modern corporate insolvency laws. A recent case (Walton Constructions) has highlighted some of the […]
Assessing VA: Comparing the use of business rescue laws
This post compares the numbers of companies using corporate rescue laws across Australia, Canada, England and the United States.
Corporate insolvency by the numbers
I’ve been reading over several ASIC statistical reports recently while working on my PhD and some figures really jumped out at me in the Series 3.3 (time series) report from […]
