Corporate insolvency reform: supported in principle, deferred in practice

Michael Sloan, Richard Fisher and Alex Chernishev of Ashurst Perkins Coie examine the Australian Government’s long-awaited response to the PJC’s corporate insolvency review, warning that while 25 of 28 recommendations are supported in principle, most substantive reforms have effectively been deferred to the Productivity Commission’s business dynamism inquiry and may not take effect before 2028.