Combatting illegal phoenix activity

The federal government in an effort to combat illegal phoenix activity has introduced the Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2018 and the Insolvency Practice Rules (Corporations) Amendment (Restricting Related Creditor Voting Rights) Rules 2018 (collectively referred to as the ‘Combatting Illegal Phoenixing Bill’), consistent with its announcement in the 2018-19 budget to seek … Continue reading Combatting illegal phoenix activity