Insolvency Law Reform – we needed a racehorse and we got a camel

In introducing new insolvency reforms – what will be the Insolvency Law Reform Act 2016 – the government has claimed that “probably 95 per cent—or even 99 per cent—of liquidators” comply with their legal obligations in administering Australia’s insolvency regime: Senator J Williams, Second Reading. On the other hand, figures show that those involved in […]