UK’s review of its 2020 insolvency law reforms, with Australia compared
The quality of a recent UK review of its 2020 insolvency law reforms is compared with the approach taken in Australia. In my comment of June 2020 on what was to become the Corporate Governance and Insolvency Act (CIGA) in the UK, I explained its proposed introduction of a moratorium on creditor claims, a prohibition […]
Cancellation of a liquidator’s registration
While England is still deciding whether to change its system of insolvency practitioner regulation from one of co-regulation by professional bodies to one of direct government regulation, as in Australia, an example of the latter is a recent decision of a statutory disciplinary committee cancelling the registration of a liquidator. The defaults, though serious, were […]