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Liability of Administrators: Key Issue for the Australian Insolvency Professions
by Patrick Monahan and Damian Clancy
While corporate administrators often operate in firms, their appointment is personal. When an administrator leaves the employ of their firm, their appointment is unaffected by that departure.
Well-Managed Insolvencies Usually Make a Difference
by Gelu Maravela, Mirela Metea, and Dana Rădulescu
From both a legal and business perspective, the critical period in any insolvency proceeding is the observation period, which is the period between the opening of the insolvency and the approval and implementation of a reorganization plan.
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