Is Australia’s insolvency safe harbour protection working – who knows?
The 2 year review of Australia’s safe harbour protection for directors, due from the government over a year ago, never took place. Q: The Treasurer is presently breaking the law in relation to the obligations in the Corporations Act? … A: That’s probably not how I’d express it. On 26 October 2020 the Economics Legislation […]
Australia’s insolvency law reforms – useful information from government officers
On 26 October 2020 the Economics Legislation Committee inquired of various Treasury officers about personal and corporate insolvency law reform, in particular about the proposed corporate SME related insolvency reforms. Statistics were offered on the day which don’t seem to relate to other information available, perhaps because the figures were only those of ASIC; but […]
