Impact of proposed changes to the Fair Work Act on insolvency and restructuring practitioners

Adam Foster and Scott Hedge of Colin Biggers & Paisley Lawyers report that legislative changes are being proposed to the Fair Work Act to close outstanding ‘loopholes’ and note that if the bill passes, it will, among other things, impact the calculation of outcome positions in a Safe Harbour review or planning of a business restructure prior to an insolvency.

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