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The latest issue of the Insolvency Law Journal (Volume 29 Part 4) contains the following material:

EDITORIALGeneral Editor: Dr David Morrison

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Articles

A Descry of Pt XIV of the Bankruptcy Act: Bankruptcy Offences Committed by Australian Bankrupts – Christopher Symes

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Part 5.3B: Move along Folks, Not Much to See Here – David Morrison

This article makes an early evaluation of the recently introduced Pt 5.3B of the Corporations Act 2001 (Cth), somewhat crudely described as “debtor in possession” rules. Called “simplified debt restructuring”, the amendments follow, and in many respects are similar to, the Voluntary Administration provisions contained in Pt 5.3A. Cases considering Pt 5.3B are examined and some tentative ideas about the Part are raised for further consideration. Time and more adverse economic circumstances will determine how much Pt 5.3B is utilised by insolvency practitioners. For now, it is not clear that Pt 5.3B provides much of an alternative for small business, other than perhaps another shortcut to be taken by less scrupulous “advisors”.

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RECENT DEVELOPMENTS – Editor: Dr David Morrison

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New Zealand ReportEditor: Professor Lynne Taylor

  • Creditors and Trustees

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BOOK REVIEWEditor: Dr David Morrison

  • Research Handbook on Corporate Restructuring, by Paul Omar and Jennifer Gant (eds) Reviewed by David Morrison

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For the PDF version of the table of contents, click here: Westlaw AU – Insolv LJ Vol 29 No 4 Contents, New Westlaw Australia – Insolv LJ Vol 29 No 4 Contents or here: Checkpoint – Insolv LJ Vol 29 No 4 Contents.

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