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Australia: Big trouble in small business restructuring

In brief

Australia, Capital Markets, Insolvency & Restructuring, Baker McKenzie
Australia: New Small Business Insolvency Reforms - How Statutory Demands will change from 1 January 2021

 

In brief

The new small business insolvency reforms enacted by the Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (Cth) (Corporations Amendment Act) - which inserts a new Part 5.3B into the Corporations Act 2001 (Cth) (Corporations Act) - are due to come into effect on 1 January 2021.

Australia, Capital Markets, Insolvency & Restructuring, Baker McKenzie, Coronavirus
Three needn’t be a crowd with Debt-Finance: Five points for tripartite relationships between a tenant (borrower), landlord and financier

Two’s company when it comes to debt funding. Surely, three makes things a little crowded? It doesn’t have to be that way.

Australia, Banking, Insolvency & Restructuring, Real Estate, Corrs Chambers Westgarth