Official Receiver role in corporate insolvency – a second go?

Michael Murray of Murrays Legal considers the Productivity Commission’s proposal to introduce an Official Receiver role in Australian corporate insolvency, arguing that such a role could bridge the divide between personal and corporate insolvency, address the longstanding problem of assetless administrations and improve oversight of companies that disappear through deregistration without investigation, while examining the historical reasons Australia abandoned the concept, the shortcomings of the former official liquidator system and comparable models in the UK and New Zealand.

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