New Zealand – the outlier of international insolvency regulation
Australia and other countries will be relieved that New Zealand is again looking at licensing and regulating its insolvency practitioners. From a cross-border perspective, this relief is in light of the fact that an unqualified NZ liquidator has the right to pursue cross-border insolvency investigations, conduct examinations and take court proceedings in Australia without the […]
A silver lining in the insolvency law reform delay
The unfortunate delay in the commencement of the substance of the insolvency law reforms for one year, to 1 September 2017, and the reasons given for this may in fact reveal a silver lining, an opportunity to bring insolvency processes on-line and into the 21st century. The government has acceded to the need for practitioners […]