Comparing the start of Parts 5.3A and 5.3B
I recently searched ASIC’s insolvency notices website for notices of appointment for the new small business restructuring procedure in Part 5.3B of the Corporations Act 2001 (Cth). This revealed 8 […]
Category Archives: Restructuring
Early guidance on safe harbour: zombie companies need not apply
The safe harbour against insolvent trading liability for directors has been in place since 19 September 2017.1 It was introduced to provide directors with an incentive to try to save their […]
Talking Insolvency
With all of the law reform initiatives announced recently I’ve been giving a few seminars and webinars on different aspects of insolvency law. While I enjoy doing this (if you’d […]
Reform of UK schemes
This is a video of the webinar that I hosted in September for Sydney Law School with the team from Allen & Overy, discussing the new Pt 26A restructuring procedure. […]
SME insolvency reform video
Here is a video of my presentation on SME insolvency reform from a seminar that I gave at the Sydney office of Hunt & Hunt on 21 October 2020. I’d […]
Submission to Treasury Consultation on SME Restructuring
Here is a copy of my submission in response to the Treasury ‘Insolvency Reforms to support small business’ that I submitted yesterday.
A new system for SME restructuring: is there a business doctor in the house?
The details of the Federal Government’s proposed new restructuring regime for small businesses were announced this week with the release of the draft Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 […]
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 […]
Australian Insolvency Law 