Blog

Australia’s small business restructuring (SBR) regime was introduced on 1 January 2021 to give financially distressed small companies a faster, cheaper alternative to voluntary administration, and, crucially, to let directors stay in control while a registered liquidator (the “restructuring practitioner”) supervises the process.

In part 3 we now touch on the peculiarities of directors’ liability related litigation and consider what directors should look out for in the context of restructurings of multinational company groups.

In this part 2, we will take a closer look at certain transaction types in the context of trading after an insolvency event.

In the first part of this three-part article, we provide a general overview of the duties and highlight key liability risks for directors of companies in financial distress.

Insolvency practitioners and trust creditors should take note of the recent decision of the High Court of Australia in Naaman v Jaken Properties Australia Pty Limited [2025] HCA 1.

Welcome to our third quarter issue of Norton Rose Fulbright's International Restructuring Newswire.

This post highlights the significance of the UK's accession to the 2019 Hague Convention and considers the relevance to English legal opinions.

What are the principal areas of risk for a licensee of IP rights when the licensor enters into an insolvency process? What are the steps that a licensee may take to protect itself in potential future insolvency proceedings of its licensor?

The recent Supreme Court decision in Bilta (UK) Ltd (in liquidation) & others v Tradition Financial Services Ltd, provides important guidance on those who may be caught within the scope of fraudulent trading under section 213 of the Insolvency Act 1986.