Pooling as a response to the competing interests in corporate group collapse in Australia | Zendy

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Pooling as a response to the competing interests in corporate group collapse in Australia

Author(s) -

Wyburn Mary

Publication year - 2010

Publication title -

international insolvency review

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.125

H-Index - 7

eISSN - 1099-1107

pISSN - 1180-0518

DOI - 10.1002/iir.181

Subject(s) - pooling , insolvency , statutory law , corporate law , group (periodic table) , law and economics , business , law , economics , corporate group , accounting , political science , finance , corporate governance , computer science , chemistry , organic chemistry , artificial intelligence

There has always been a problem for company law in effectively responding to the financial collapse of a corporate group. In the past, a range of partial responses have been proposed and some implemented. The 2007 insolvency amendments introduced another partial solution, statutory pooling. This paper discusses the competing interests in a corporate group collapse, how Australian corporate law has so far dealt with group collapse and the implications of the 2007 statutory pooling amendments. Copyright © 2010 John Wiley & Sons, Ltd.

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