Key Points:
Australia, Banking, Corporate Finance/M&A, Insolvency & Restructuring, King & Wood Mallesons, Foreign direct investment, Foreign Investment Review Board
The StaRUG provides for a so-called stabilisation order to make it easier for companies to restructure. This is also referred to as a moratorium. We explain the requirements and consequences.
Germany, Company & Commercial, Insolvency & Restructuring, Litigation, GÖRG Partnerschaft von Rechtsanwälten
The perception of Australia as being a relatively “risky” place to sit on a Board has generally focused on the insolvent trading prohibition in section 588G of the Corporations Act 2001 (Cth) and how it interacts with general directors’ duties.[1]
Australia, Company & Commercial, Insolvency & Restructuring, Trade & Customs, King & Wood Mallesons, Board of directors
Overview
The perception of Australia as a relatively “risky” place to sit on a board, arises in no small part from the insolvent trading prohibition in section 588G of the Corporations Act 2001 (Cth) and how it interacts with general directors’ duties.[1]
Australia, Company & Commercial, Insolvency & Restructuring, King & Wood Mallesons, Corporations Act 2001 (Australia)