M&A Deal Points: New Developments for Deal Makers

New Law to Encourage Informal Restructuring

On 28 March 2017, the Federal Government released its long awaited draft legislation that is designed to encourage restructuring of distressed businesses.

The proposed legislation is open for consultation with the finalised legislation expected to come into effect on 1 January 2018. There are two proposed changes:

Filed under:
Australia, USA, Capital Markets, Corporate Finance/M&A, Insolvency & Restructuring, Tax, K&L Gates LLP, Australian Securities and Investments Commission
Authors:
Brent W. Delaney , Hal Lloyd
Location:
Australia, USA
Firm:
K&L Gates LLP