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World Bank’s 2026 B-Ready review of Australian business insolvency and other laws

Michael Murray of Murrays Legal explains that Australia will be the subject of a review by the World Bank under its new B-Ready assessment process, spotlighting persistent gaps across Australia’s business insolvency framework including stalled PJC reforms, the absence of a dedicated small-business regime, long bankruptcy periods, limited data, and the lack of integrated personal…

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Cue Clothing enters administration as Australian fashion brand behind Veronika Maine faces collapse

Australian fashion retailer Cue Clothing Co, which owns Cue and Veronika Maine, has collapsed into voluntary administration. ASIC records show Shaun McKinnon and Duncan Clubb have been appointed as joint administrators on Tuesday. The administrators are now tasked with determining the future of the long-running fashion business, which operates 51 stores across Australia and New…

With corporate loans in the banking sector approaching 2,000 trillion won, the number of companies t..

사진 확대 With corporate loans in the banking sector approaching 2,000 trillion won, the number of companies that need restructuring due to the prolonged economic slump is rapidly increasing. The number of companies that were subject to restructuring after failing scores as a result of the bank’s corporate credit risk assessment has surged. Although an…