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Michael Murray’s on-going commentary on issues in corporate and personal insolvency law and related policy and law reform, in Australia and internationally. Given the scope of insolvency, this extends to business, consumer and professional conduct, and ethics, governance and regulation, criminal, tax, environmental and administrative law, and the courts and government.

 

Bankruptcy Bills to become Law?

The draft legislation program for the Senate for next week commencing Monday 20 August 2018 lists, among other Bills, the

  • Bankruptcy Amendment (Enterprise Incentives) Bill 2017 for debate on Monday, after 12.20pm, and the
  • Bankruptcy Amendment (Debt Agreement Reform) Bill 2018, for Tuesday afternoon, 21 August 2018, after 12 noon.

The new 10th edition of Keay’s Insolvency has incorporated all of the one-year bankruptcy provisions, and the debt agreement changes, qualified by the comment that they were at the time of publication, and remain, not yet law.

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