✦ LIBER ✦
Pooling as a response to the competing interests in corporate group collapse in Australia
✍ Scribed by Mary Wyburn
- Publisher
- John Wiley and Sons
- Year
- 2010
- Tongue
- English
- Weight
- 329 KB
- Volume
- 19
- Category
- Article
- ISSN
- 1180-0518
- DOI
- 10.1002/iir.181
No coin nor oath required. For personal study only.
✦ Synopsis
Abstract
There has always been a problem for company law in effectively responding to the financial collapse of a corporate group. In the past, a range of partial responses have been proposed and some implemented. The 2007 insolvency amendments introduced another partial solution, statutory pooling. This paper discusses the competing interests in a corporate group collapse, how Australian corporate law has so far dealt with group collapse and the implications of the 2007 statutory pooling amendments. Copyright © 2010 John Wiley & Sons, Ltd.