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Tim Stewart (Gordon Brothers) What makes the TMA great? The level of commitment and engagement of our members. Whether it’s the younger members involved in Nextgen, the regional committees and events, at the national board level, or individual members providing their input and feedback all throughout the year, TMA Australia has managed to foster a […]
Dear Members and friends of TMA, I am delighted to inform you that the Safe Harbour laws have passed through both houses of Parliament and today are just awaiting royal assent. This is great news and represents a major reform for corporate turnaround in this country. At the eleventh hour there were a number of […]
Last month, Lachlan Edwards, the President of the Turnaround Management Association, and Marcus Derwin, Director, were interviewed for an article which appears in the July edition of the Australian Institute of Company Directors Magazine on the proposed Safe Harbour reforms to Australian insolvency laws. A special committee of the board comprising Michael Sloan and Kathryn […]
Dear fellow Members of TMA Australia Over the past two years the Commonwealth Government has promoted a review of the Australian insolvency laws. In particular, the focus has been on whether it makes sense to provide directors of stressed and distressed corporates with a “safe harbour” to work with suitably qualified turnaround professionals. This […]