The Australian chapter of GRR’s Asia-Pacific Restructuring Review 2021, authored by Herbert Smith Freehills, is now available and reproduced below.
This latest edition covers major Australian legislative developments, transactions and case law relating to restructuring and insolvency in Australia over the past 12 months including:
Legislation
- Temporary COVID-19 insolvency law amendments
- Anti-phoenixing amendments to the Corporations Act
Key restructurings
Australia, Capital Markets, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Coronavirus, Australian Competition and Consumer Commission
Pressure Points: Temporary changes to insolvency laws to be extended to 31 December 2020 (Australia)
The Australian Federal Government has announced the temporary amendments to insolvency and corporations laws will be extended until 31 December 2020 in light of the continuing challenges of COVID-19.
In brief