COVID-19 Amendments to Australia’s Insolvency Regime

The Coronavirus Economic Response Package Omnibus Act 2020 (Cth) (Omnibus Act) amended the Corporations Act 2001 (Cth) (Act) and the Corporations Regulations 2001 (Cth) (Regulations) with effect from 25 March 2020 to create a “safety net” for Australian businesses facing COVID-19 related financial distress.

Filed under:
Australia, Company & Commercial, Insolvency & Restructuring, Litigation, The Commercial Bar Association of Victoria, Coronavirus
Authors:
John Heard
Location:
Australia
Firm:
The Commercial Bar Association of Victoria