A new inquiry into corporate insolvency
The Joint Parliamentary Committee on Corporations and Financial Services has today announced a new inquiry into corporate insolvency law. Submissions are due by the end of November 2022. The terms […]
Category Archives: Voluntary administration
My appearance on Creditors’ Bargain Podcast
I was delighted to appear on the Creditors’ Bargain Podcast, hosted by Akshaya Kamalnath from ANU. We talked about my PhD studies on voluntary administration, as well as small business […]
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 […]
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 […]
The treatment of shareholders in VA
Amendments to the Corporations Act in 2010 to address concerns with the effect of the High Court’s Sons of Gwalia decision introduced a new regime for insolvency practitioners to deal […]
Duties of voluntary administrators
The case of Macks v Viscariello [2017] SASCFC 172 considers a number of important issues relating to duties of voluntary administrators. The Full Court’s decision finalises a long-running saga involving several […]
ILRA: Committees of Inspection
The Insolvency Law Reform Act 2016 (Cth) (‘ILRA’) remakes the rules on creditor committees in insolvency (called ‘committees of inspection’ or COI). This post will explain the new law and […]
ILRA: Changes to VA
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.
Treasury releases discussion paper
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 […]
Australian Insolvency Law 