A primary focus on prosecuting those who have committed illegal phoenix activities has not been successful.
Articles on Phoenix companies
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One simple measure could go a long way to cracking down on illegal activity that is now widespread in Australia.
Revelations of a “black labour market” operating in Australia has underlined the need for further investigation into the plight of insecure workers, says the chairman of a new Inquiry.
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?
Construction companies rise and fall with regularity in Australia - but how much of this activity is designed to avoid creditors?
Top contributors
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Professor, Melbourne Law School, The University of Melbourne
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Co-Director, Bankruptcy and Insolvency Scholarship Unit, Adelaide University
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Emeritus Professor, Melbourne Law School, The University of Melbourne
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Distinguished Professor of Workplace Law, RMIT University
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PhD Student, Australian National University
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Professor and Head, Department of Business Law and Taxation, Monash University