Corporate and Business Rescue in Australia: Insolvency Law Reform Process Continues as Government Releases Proposals Paper

Background

On 7 December 2015, the Australian Government released its "National Innovation and Science Agenda" ("Agenda"). In the Agenda, the Government outlined its intention to make three significant reforms to Australia's insolvency laws, adopting the recommendations of the Productivity Commission ("Commission") in its report, "Business Set-Up, Transfer and Closure" ("Report"), released on the same day as the Agenda:

Filed under:
Australia, Company & Commercial, Insolvency & Restructuring, Litigation, Jones Day
Authors:
Katie Higgins , Roger Dobson
Location:
Australia
Firm:
Jones Day