ARITA submission: Improving bankruptcy and insolvency laws – Proposals Paper
Treasury released a proposals paper on Improving Bankruptcy and Insolvency Laws on 29 April 2016. The paper covered the Productivity Commission’s safe harbour, ipso facto and one-year bankruptcy recommendations.
ARITA has lodged a detailed submission in response to the proposals.
In formulating our submission, we consulted widely with a number of stakeholders and interested members which enabled ARITA to highlight areas of common ground.