The appointment of administrators too often leads to the demise of a company anyway. Salvaging rather than saving might be best.
Articles on Insolvency
Displaying 21 - 29 of 29 articles
The majority of bankruptcies occur due to unemployment and excessive credit, rather than business failure.
Clive Palmer denies being a shadow director of Queensland Nickel, but in eyes of the law, it will be his involvement in business decisions that matters.
It’s not good to make law changes as a knee-jerk reaction, but in the case of insolvency and gift cards, it’s time.
Malcolm Turnbull spruiks his lines like one of those optimistic entrepreneurs that he urges Australians to become.
Australia’s insolvency laws are behind world best practice and need reform.
Malcolm Turnbull is looking to an “ideas boom” to be the new source for Australia’s growth, prosperity and jobs now the mining boom has faded.
Voluntary administration was considered a state-of-the-art rescue procedure for struggling companies in 1993. But is is time for another wide-ranging review of our insolvency laws?
Proposed laws to reform the insolvency industry are long overdue. Under the changes, liquidators will require a licence and creditors will be able to remove poorly performing practitioners. The reforms…
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