Category: News
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TMA Australia Safe Harbour Guidelines
06-28-22
Based on AICD surveys, the personal liability risk in relation to insolvent trading is very important to directors in times of financial distress. Recently, the Government has moved to soften the prospect of personal liability by introducing Safe Harbour reforms. But it is all very well and good knowing that there is a Safe Harbour […]
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Safe Harbour submissions – TMA Australia
10-19-21
Treasury invited TMA Australia to make a submission in respect of its consultation paper on Safe Harbour (along with the Scheme of Arrangement submission previously provided to TMA members on 15 October). We are pleased to say that we provided our submission just before the TMA Australia Conference. It has been a busy month! The […]
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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 / Allegro Funds – Turnaround Case Study Competition
05-05-21
To register email – AllegroTMAcasecomp@allegrofunds.com.au – with your team name, the names of the participants in your team as well as their job title, company and email address. No cost to enter Key Dates Thursday 5 August: Registration opens Wednesday 1 September: Case Released Saturday 4 September: Submissions due at 11:59pm Friday 10 September: Teams will be notified if they are […]
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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 […]