A response to the 2023 PJC Report on Corporate Insolvency?

The team at Murrays Legal reports that the newly launched Corporate Law Reform Alliance is calling for a standing expert body to simplify Australia’s corporate law, but contends that Chapter 5 on external administration should instead build on the 2023 PJC Report’s roadmap—re-examining insolvency’s purpose, structure, and economic role through a systems-based reform approach.