| Description |
ciii, 978 pages ; 25 cm |
| Contents |
1. Introduction to Insolvency - The Law, Policy and Current Issues -- 2. Introduction to Bankruptcy and its Administration -- 3. Going Bankrupt - Voluntary and Compulsory Bankruptcy -- 4. The Impact of Bankruptcy -- 5. The Recovery of Assets for Creditors -- 6. The Administration of the Bankruptcy -- 7. The End of a Bankruptcy and Beyond -- 8. Personal Insolvency Agreements -- 9. Debt Agreements -- 10. Introduction to Liquidation and Its Administration -- 11. Voluntary and Compulsory Winding Up -- 12. Provisional Liquidation -- 13. The Effects of Winding Up -- 14. Assets Available to the Liquidator -- 15. The Administration of the Winding Up -- 16. Criminal Offences and Civil Actions Against Company Directors -- 17. Termination of the Winding Up: Deregistration and Reinstatement -- 18. Receivership -- 19. Voluntary Administration -- 20. Deeds of Company Arrangement -- 21. Restructuring and Workouts |
| Summary |
Keay's Insolvency has become a recognised text on personal and corporate insolvency law and practice in Australia, and it is widely used by practitioners and regularly cited in court. It offers both a detailed explanation of the law, supported by case law and commentary, and of insolvency practice, along with the authors' critical analysis of the effectiveness and efficiency of the regime and views on its need for reform. There has been considerable developments since the 9th edition with Insolvency Law Reform Act 2016 (Cth), (ILRA) which fully commenced on 1 September 2017 along with recent amendments made to the Corporations Act brought in by the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Act 2017 (Cth), which introduces a new safe harbour for directors against insolvent trading for good faith restructuring efforts. This is aimed at assisting companies to restructure and avoid formal insolvency proceedings. The amendments also include protection against ipso facto clauses for creditors' schemes, receivership and voluntary administration, which is aimed at facilitating restructuring using formal mechanisms |
| Notes |
Previous edition: 2016 |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Bankruptcy -- Australia.
|
| Author |
Harris, Jason R., 1975- author
|
|
Keay, Andrew R.
Insolvency
|
| ISBN |
0455239819 |
|
9780455239811 (paperback) |
|
