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Full-Text Articles in Bankruptcy Law
Voluntary Administration: Patterns Of Corporate Decline, James Routledge, David Morrison
Voluntary Administration: Patterns Of Corporate Decline, James Routledge, David Morrison
James Routledge
Australian companies in financial distress prefer to select the option of voluntary administration (VA) offered by Pt 5.3A of the Corporations Act 2001 (Cth). A board’s choice to enter a company into a VA is premised upon the idea that it is preferable to take early action when the business is facing solvency difficulty. Such early action allows for the possibility of rescuing the business. This article examines whether directors cause businesses to trade in extenuating financial circumstances for too long a period before entering the company into a VA thereby shortening the chances of a successful business rescue. The …
Directors' Disqualification After The Insolvency Act 2000, 2001, Adrian Walters
Directors' Disqualification After The Insolvency Act 2000, 2001, Adrian Walters
Adrian J Walters
No abstract provided.
Bare Undertakings In Directors' Disqualification Proceedings, Adrian Walters
Bare Undertakings In Directors' Disqualification Proceedings, Adrian Walters
Adrian J Walters
No abstract provided.
Directors' Duties: The Impact Of The Company Directors Disqualification Act, Adrian Walters
Directors' Duties: The Impact Of The Company Directors Disqualification Act, Adrian Walters
Adrian J Walters
No abstract provided.