The Insolvency Law Reform Act 2016 (Cth) (‘ILRA’) is scheduled to commence in two stages: initially on 1 March 1 2017 and the remainder on 1 September 2017. This is […]
The commencement of the Insolvency Law Reform Act 2016 (Cth) is generating confusion in the insolvency industry. This post discusses the commencement provisions and notes a recent decision in bankruptcy […]
The Insolvency Law Reform Act 2016 (Cth) imposes a range of new notification requirements for both personal and corporate insolvency practitioners. This post considers the scope of Div 35 of […]
The Insolvency Law Reform Act 2016 (Cth) (ILRA) makes a broad range of significant changes to corporate insolvency in Australia. This post will consider the changes to voluntary administration.
The Insolvency Law Reform Act 2016 (Cth) consolidates the powers of the court into two primary divisions of the new Insolvency Practice Schedule.
The Insolvency Law Reform Act 2016 (Cth) introduces a new power for personal and corporate insolvency regulators: the show cause notice. This note explains the scope and potential consequences of this […]
The first stage of the Insolvency Law Reform Act 2016 (Cth) started on 1 March 2017, with the second and final stage due to commence on 1 September 2017. This […]
The Government’s Innovation Statement issued on 7 December 2015 adopted 3 recommendations from the Productivity Commission’s report ‘Business Set-Up, Transfer and Closure’ (released on the same day) aimed at promoting […]
Michael Murray and I launched the 9th edition of Keay’s Insolvency last Monday night. The launch was hosted by leading international insolvency and restructuring firm Ferrier Hodgson. At the launch, […]
One of the many discussion points in Australian insolvency circles concerns the use of pre-pack arrangements. A recent report prepared for the British parliament gives an up-to-date summary of the […]