RSSG Guide Australia
The Ashurst Guide to Restructuring in Australia provides insight into Australia's restructuring and insolvency landscape. Our chapter by chapter guide, covers key aspects of Australia's restructuring and insolvency regime to assist you with navigating situations involving financial distress as they arise.
Formal insolvency summary table
Comparative liquidation procedures
Major restructuring destinations each provide distinct mechanisms for rehabilitating companies in distress. Our table sets out the similarities and differences in the processes available in Australia, England & Wales, Hong Kong, Singapore, and the USA.
Pre-pack appointments and sales
This guide was prepared by Ashurst's expert partners and team, who have been involved in all major insolvency and restructuring law reform in recent decades, in collaboration with Richard Fisher AM, one of the architects of Australia's insolvency regime. It also draws upon the expertise of our cross-border restructuring, employment and tax experts, and includes case studies involving some of the most high-profile transactions in the market. Future chapters to be released include:
We will also update the Guide to reflect significant legal developments particularly the recently announced Australian government review of insolvency laws, which could see future law reform move in the direction of the United Kingdom and/or Singapore regimes, with aspects of US Chapter 11 also possibly included.
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
Readers should take legal advice before applying it to specific issues or transactions.
Ashurst Perkins Coie practises law in Singapore through Ashurst Perkins Coie UK LLP and also maintains a Formal Law Alliance with ADTLaw LLC, known as Ashurst ADTLaw.
Ashurst Perkins Coie UK LLP is regulated in Singapore by the Attorney-General's Chambers of Singapore and is registered under the LLP Registration Act, Registration No. LL0701574M.
Ashurst ADTLaw is a Formal Law Alliance licensed and regulated by the Legal Services Regulatory Authority of Singapore under number LSRA/FLA/2017/00001. ADTLaw LLC is a limited liability company registered in Singapore under number 201324473R, licensed and regulated by the Legal Services Regulatory Authority of Singapore under number LSRA/LLC/2013/00191.
Editorial Disclaimer
Originally published before the Ashurst Perkins Coie combination. See disclaimer.