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Australia Considers New Bankruptcy Act, to Reduce Term from Three to One Year
Queensland, Australia - December 18, 2017 - Australia is poised to take a step into a new future with the proposed new Bankruptcy Act, which will reduce the restriction period from three to one year, inform.
Avaya exits bankruptcy protection, ready for stock market listing
The exit from bankruptcy protection follows Avaya's move into chapter 11 in January this year with almost US$6 billion in debt and plans to reduce that debt to US$2.9 billion. Unified communications vendor Avaya says it ex.
Where to from here (now that ipso facto reform has become law ...
Mondaq News Alerts
With the enactment of the ipso facto reform in September 2017 (which commences operation on 1 July 2018), it is the genuine hope of many insolvency practitioners and others in the market that voluntary administratio.
Australia: Where to from here (now that ipso facto reform has become law)? Unresolved impediments to company ...
Mondaq News Alerts
In particular, the reform seeks to prevent suppliers and other contractual counterparties from terminating a contract with a company in administration solely on the bas.
Slaters recap plan given final blessing
He impressed on shareholders that the recapitalisation was “essential for Slater and Gordon to avoid insolvency”. “The recapitalisation provides the only opportunity to secure the future of the firm and its workforce, and al.
2017 was a year of wasted talents, efforts and opportunities in Parliament
Closer to home, ordinary Australians, who have seen their prospects for job security decline as major manufacturers such as Holden shut up shop, emerging technologies replace skilled workers with.
Jamieson Louttit & Associates are a boutique insolvency practice based in the Sydney CBD. We work with a variety of corporate clients including private equity firms, listed and unlisted companies, first and second tier financiers and wealthy individuals.
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