Category: Management
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Safe harbour sleeper
09-19-23
The rate of company failures is rising sharply following a lull during the pandemic. Macroeconomic forces like inflation, supply chain disruption and labour shortages are stretching organisations to their limits. Are you across your turnaround and restructuring options? As corporate financial distress is on the rise, it is important for directors to refresh their understanding […]
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AIIP conference in Canberra – update
07-16-23
TMA Chair Maria O’Brien attended the Associate of Independent Insolvency Practitioners (AIIP) conference in Canberra on 14 July, representing the TMA. The AIIP has as members around a third of Australia’s registered liquidator community. Senator Deborah O’Neill delivered a keynote address and she spoke to the following: Maria then sat on a panel with Senator […]
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Parliamentary Joint Committee on Corporations and Financial Services – inquiry into corporate insolvency – Update
07-13-23
The TMA acknowledges the care and consideration that the PJC under the leadership of Senator O‘Neill has brought to this substantive report (here) The TMA welcomes the proposed comprehensive review of Australia’s insolvency law the report proposes, and look forward to engaging in that process, including to advocate for a key purpose of insolvency law […]
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Australia’s Post-Pandemic Pursuit of Enterprise Rescue and Reform
05-15-23
Clayton Utz’s Jennifer Ball and Melissa Ferreira, along with Maria O’Brien of Baker McKenzie, recently penned an article, “Australia’s Post-Pandemic Pursuit of Enterprise Rescue and Reform,” for the Journal of Corporate Renewal (JCR), the official publication of the Turnaround Management Association (TMA). View the article on your desktop – or download the JCR app to […]
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PJC Corporations and Financial Services – inquiry into corporate insolvency – questions on notice (Update)
02-28-23
As many members are aware, a Parliamentary Joint Committee (PJC) was initiated late last year by Senator Deborah O’Neill to conduct an inquiry into insolvency. The TMA formed a small subcommittee of members, and we provided an initial response in late November 2022. We refer you to TMA Australia’s previous communications on this subject – […]