Category: Uncategorized
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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 […]
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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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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 […]
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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 Australia supports Government’s announcement of regulatory changes
07-13-20
TMA Australia (TMAA) supports the announcement yesterday by Treasurer Josh Frydenberg that Government will examine further temporary measures to the insolvency and bankruptcy laws. With the ongoing challenges faced by the domestic and global economies and in particular the acute challenges faced by Victoria the TMAA continues to work with Government and in particular Federal […]