Articles sur Insolvency

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A Hanjin Shipping Co ship stranded outside the Port of Long Beach, California, one of many around the world. Lucy Nicholson/Reuters

Explainer: why Hanjin’s ships are stranded around the globe

South Korean Hanjin Shipping has ships and crews stranded in ports around the world as creditors and customers wait to see if the company can be saved.
The court may find Clive Palmer was a shadow director of Queensland Nickel if he is found to have been calling the shots. Dan Peled/AAP

Was Clive Palmer a ‘shadow’ director of Queensland Nickel?

Clive Palmer denies being a shadow director of Queensland Nickel, but in eyes of the law, it will be his involvement in business decisions that matters.
Cross-bench Senator Nick Xenophon wants the law to change to protect gift card holders when companies collapse. Gemma Najem/AAP

Xenophon is right to call for law reform on gift cards

It's not good to make law changes as a knee-jerk reaction, but in the case of insolvency and gift cards, it's time.
Innovation Minister Christopher Pyne and Prime Minister Malcolm Turnbull launched the innovation statement at the CSIRO. Mick Tsikas/AAP

‘Ideas boom’ to drive the Australian economy: Turnbull

Malcolm Turnbull is looking to an "ideas boom" to be the new source for Australia's growth, prosperity and jobs now the mining boom has faded.
Voluntary administration has been the widely-used step in efforts to prevent a company being dissolved. Image sourced from

Is it time to reform the cornerstone of Australia’s insolvency regime?

Voluntary administration was considered a state-of-the-art rescue procedure for struggling companies in 1993. But is is time for another wide-ranging review of our insolvency laws?
The insolvency industry is facing criticism of over-servicing, excessive fee charging and self-interest.

Chasing money: why the insolvency industry needs reform

Proposed laws to reform the insolvency industry are long overdue. Under the changes, liquidators will require a licence and creditors will be able to remove poorly performing practitioners. The reforms…

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