Credit management during a pandemic

Ep 07 How to navigate the new insolvency legislation in Australia

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Special guest Daniel Turk, a Partner from Turks Legal, talks about the new insolvency legislation that came into effect on 1 January 2021 in Australia. He provides valuable insight on:
  1. The Temporary Restructuring Relief legislation which will cease at the end of March 2021
  2. The Business Restructuring Regime where a restructuring practitioner is appointed and has four weeks to prepare a plan to creditors
  3. Proposed changes to bankruptcy reforms for sole traders
  4. A simplified liquidation procedure for companies being wound up by liquidators with debts of less than $1m

    5. Support material

    View the Australian Government media release on insolvency reforms here.

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    Credit management during a pandemicBy Atradius