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Restructuring in the Twilight Zone: Directors’ Duties in Australia

The Journal of Corporate Renewal (JCR) is the leading publication devoted exclusively to professionals in the corporate renewal industry.

In the most recent issue, dated November, within the pages of JCR, you’ll find an insightful article authored by Cameron Belyea, a former President of TMA Australia, and current international committee member of TMA Global. This piece was written in collaboration with Liz Humphrey and Anna Cassellas from Clayton Utz.

To read the full article click (here).

TMA Australia members have the exclusive privilege of accessing the complete edition of JCR through our TMA Education Platform –

About The Authors

Liz Humphry is a partner at Clayton Utz practicing in commercial and corporate law in the energy and resources industry. She has acted for a wide range of leading Australian and international organizations with regard to mergers and acquisitions, corporate finance/equity capital transactions, business structuring, projects and operational matters, and Australian regulatory compliance issues. Humphry specializes in advising boards and senior management on their activities in Australia and overseas.

Anna Casellas is a partner in the Workplace Relations, Employment, and Safety team at Clayton Utz. She acts for large corporations in high-profile employment litigation and provides strategic advice on all aspects of employment, safety, and industrial relations to senior executives and boards. Casellas acts in contentious and non-contentious matters for clients in a broad range of industries including banking and finance, mining and resources, manufacturing, higher education, and oil and gas.

Cameron Belyea is a senior partner with Clayton Utz and international committee member of TMA Global. He leads contested debt and capital market engagements, focusing on restructuring, workouts, special situation assignments, safe harbor planning, corporate takeover, tax controversies, and complex insolvencies. He was awarded the 2022 Best Lawyer of the Year award for distressed investing and debt trading and consistently rates as one of Australia’s leading restructuring lawyers across a range of directories.

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