The most significant insolvency reform in Australia in the last 30 years has been announced. On 7 October 2020, the Treasury released some of the proposed details to the reforms for public consultation. The purpose of this article is to examine some of the details.
The most significant insolvency reform in Australia in the last 30 years has been announced. On 7 October 2020, the Treasury released some of the proposed details to the reforms for public consultation. The purpose of this article is to examine some of the details.
New Formal Debt Restructuring for Small Businesses
This formal debt restructuring process allows an eligible company to restructure their debts and maximise their opportunity for survival. The formal debt restruct…
Read the full article at: https://www.businessnews.com.au/article/Impending-restructuring-reform-Formal-debt-restructuring-and-simplified-liquidation-for