Government postponed by one year the enforcement of the Personal Insolvency Law – ACTmedia

Thursday, December 24, 2015 The government decided on Wednesday to postpone by one year, till December 2016, the enforcement of the Personal Insolvency Law, government’s spokesman Dan Suciu told a press conference at the Victoria Palace.  “We ended up in this situation because none of the implementation steps set forth under the law has been…

Cross-border insolvency provisions at work – Clayton Utz

By Peter Bowden. Key Points: Complex cross-border issues can be dealt with relatively easily under the Cross-Border Insolvency Act as long as flexibility is built into the relevant orders. Cross-border insolvencies and restructuring might sound challenging, but there are some mechanisms that can make the process run surprisingly smoothly. Australia’s Cross-Border Insolvency Act 2008 (Cth)…