World Bank

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World Bank insolvency principles – how does Australia compare?

The World Bank has released its updated Principles for Effective Insolvency and Creditor/Debtor Regimes (the Principles), emphasising the needs of …

Australian personal insolvency reform for COVID-19 impacted debtors

The Australian government’s proposed retention of the restrictions of bankruptcy on COVID-19 impacted business proprietors and consumers is questionable, but …

Virtual Panel Series – UNCITRAL Texts and COVID-19 Response and Recovery – MSMEs and access to credit and secured lending

An interest group in Australia, the UNCITRAL Coordination Committee for Australia (UNCCA), has a role in monitoring and attending UNCITRAL[1] …

Competing with phoenix operators, rather than combatting – a goverment liquidator

The World Bank has come out with reports[1] that support the Australian government’s attempts to control unlawful phoenix activity, by …

World Bank Report on the Treatment of MSME Insolvencies

The World Bank has just released a report on small business insolvencies – Report on the Treatment of MSME Insolvency, …