Category: Legal
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Helping Companies Restructure by Improving Schemes of Arrangement: TMA Australia Submissions on the Consultation Paper
09-20-21
The Turnaround Management Association of Australia (the TMA) welcomes the opportunity to provide submissions in response to the consultation paper Helping Companies Restructure by Improving Schemes of Arrangement dated 2 August 2021 issued by The Treasury of the Government of the Commonwealth of Australia (the Consultation Paper) The TMA is a community of professionals dedicated […]
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TMA Submission – Insolvency Reforms to support Small Business
10-13-20
Turnaround and restructuring naturally lie at the heart of the Turnaround Management Association (“TMA”) Australia. That is why, with Australia facing a pandemic induced recession through no fault of its own, the TMA supports SME law reform which promotes restructuring of businesses facing insolvency through no fault of their own. Yesterday the TMA submitted its […]
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SME Insolvency Reform – Consultation Process
10-09-20
Dear TMA Members, On the 24 September 2020, the Government announced changes to Australia’s insolvency framework to better serve Australian small businesses, their creditors and their employees. We refer you to TMA’s previous communications. The changes will introduce new processes suitable for small businesses, reducing complexity, time and costs for small businesses. See the Exposure […]
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TMA Member Update: Restructuring Law Reform Initiatives
07-27-20
Your TMA Australia (TMA) Board has established a diverse, expert team to work informally with Government and in particular with Federal Treasury on restructuring law reform initiatives. This work is needed to help the economy through the turbulent times ahead. We suggested reform where it is most needed irrespective of individual or industry interest. Whilst […]
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TMA Podcast: A New Safe Harbour Tips & tricks in the COVID-19 world
04-23-20
In this podcast, our guest speakers will take you through a guided discussion around recent changes to legislation and the marketplace in light of the COVID-19 crisis. Thanks to our guest speakers: Cameron Belyea (Clayton Utz), Rob Brauer (McGrathNicol), Ben Gibson (Gordon Brothers) and Chris Pearce (Blackwall Legal). View podcast – here