New insolvency regime

New insolvency regime

On 23 September 2020 at 4:27pm Josh Frydenberg announced “that the Morrison government is embarking on the most significant reforms of insolvency law in almost 30 years”. The government intends to introduce what it claims will be a single, simpler, faster, more cost-effective insolvency recovery process for small business. The new insolvency regime is a…