A surge of corporate collapses is anticipated in Australia when government assistance and debt moratoriums end. So, the government is revisiting the rules of the game – and features of the US-style Chapter 11 are said to be on the table.
Considering, shouldn’t we also be looking at the way “pre-packs” are done in the UK? Or is our current system of Voluntary Administration and Safe Harbour working just fine?
This week we are joined by Carl Gunther (President of TMA Australia) and Paul Apathy (Partner at Herbert Smith Freehills), to share their thoughts on the topic.