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TAG: insolvency practitioners
Has the rescue culture lost its way?
In this blog we reproduce (with kind permission) a blog by Chris Laughton, of Mercer & Hole in the UK, who is immediate past President of INSOL Europe, see www.mercerhole.co.uk Some of the issues in this blog, though tuned to the UK/European framework and context, seemed to us to resonate here in Australia. In particular […]
Insolvency Regulation proposals: casting a careful Eye
IN THIS COLUMN WE GIVE SPACE TO OUR GUEST BLOGGER WHO GOES BY THE AVATAR OF ‘THE EYE’. He also writes for the Insolvency Law Bulletin (LexisNexis). Here he reflects on the Christmas reading provided by the Government’s response to its consultation on Insolvency Practitioner Reform (Treasury,15 December 2011), and subjects a well-known journalist’s instant reaction to careful […]
AMI (Administrators Appointed) – just in case you didn’t know!
This company has been in voluntary administration since late last year. Prior to its going into administration, the ACCC launched proceedings against it regarding its disclosure in relation to its erectile dysfunction products. Those proceedings are ongoing. Last week the ACCC obtained an interim injunction ordering the administrators to disclose that the company is in […]
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NZ Practitioner Register- A register of non-unfitness?
In late May the NZ Commerce Committee published its report back to Parliament on the Insolvency Practitioners Bill It was at first a pleasant surprise, as they seemed to have moved away from a system of negative licensing which the Government Bill had promoted, and instead, the Committee is now suggesting amendments which introduce a […]