Crutchfield's Voluntary Administration

Crutchfield's Voluntary Administration

By Colin Anderson, David Morrison

Looseleaf

Price: N/A

Date: 25/05/2012

Code: 30113422

Lawbook Co., AUSTRALIA

Enquiry form

Crutchfield's Voluntary Administration

Available Formats

Format Title Date Code Price
Looseleaf Crutchfield's Voluntary Administration 25/05/2012 30113422 N/A
Online Crutchfield's Voluntary Administration - Checkpoint 01/05/2013 41412895 $1,632.35
Online Crutchfield's Voluntary Administration Online 24/07/2009 41167168 N/A

Description

With market focus on insolvency – and recovery – this subscription service is particularly useful. As the Parliamentary Joint Committee on Corporations and Financials Services has indicated*, the VA procedure has been a successful innovation which is a central feature of Australian insolvency law. With VA increasingly accepted and used, Crutchfield’s Voluntary Administration is unique in focusing on its specific requirements.

The service combines a detailed annotated version of Part 5.3A of the Corporations Act  2001 with guiding topic-based commentary. Both analysis and annotations are geared to the  range of practice, addressing judicial interpretation and the regulatory requirements of VA.

Building on their highly regarded forerunner text (2003), Colin Anderson and David Morrison here provide analysis which also takes account of the current practice landscape. Major changes incorporated include those effected by case law and the wide-ranging legislative reforms arising from the Corporations Amendment (Insolvency) Act 2007

Publication in quickly updating formats supports responsiveness to ongoing reform. Online delivery also enhances easy access to related content, particularly case law (subject to separate subscription), as well as to included ASIC materials such as relevant Regulatory Guides, Class Orders and Forms.

* Corporations and Markets Advisory Committee (CAMAC), “Rehabilitating large and complex
enterprises in financial difficulties report”, 2004:

The aim of any corporate recovery process is to give financially distressed enterprises that may still be viable in the longer term a realistic opportunity to overcome their financial problems and continue in business. The return of an enterprise to profitability rather than winding it up may benefit a range of affected parties, including financiers, suppliers, employees and shareholders….Voluntary Administration (VA) has emerged as the principal corporate rehabilitation procedure in Australia ….”

Features

• Section by section guide to Part 5.3A of the Corporations Act
• Commentary on the following areas: issues for stakeholders in voluntary administration; creditor’s meetings and related matters in relation to Pt 5.3A; the Administrator’s Powers of Examination; cross border insolvency issues and Part 5.3A; and an overview of the rescue regimes of the United States and United Kingdom
• Extracts of related legislative provisions from the Corporations Act and the Regulations
• Recently enacted cross-border insolvency legislation
• Regulatory materials from ASIC including the relevant Forms, Regulatory Guides, Class order
• IPA Code of Professional Practice for Insolvency Practitioners [in Update 1]

Resource Downloads

General Downloads

Got a Promo Code?