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Category: Uncategorized

  • 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 […]

  • Translating international turnaround lessons for the Australian market webinar (25 Aug 21)

    08-26-21

    The law, judicial system, culture, lifespan and government of each country are some of the key components that mixed together deliver a country’s unique turnaround environment. Whilst an organisation’s issues may be similar across different countries, the methodology around how to address those issues can vary significantly.  So the approach in the UAE, a country […]

  • 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 […]

  • How to decide to salvage or wind up a company

    09-09-20

    Difficult decisions are now on many board agendas – is the company’s position salvageable or terminal? TMA Board Directors Gayle Dickerson and Michael Sloan recently produced an article for the Australian Institute of Company Director’s magazine outlining some important misteps for Directors to avoid and a ‘Director’s Decision Tree’ to consider as they make hard […]

  • 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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