Proposals to reform the law of personal and corporate insolvency have been published by the
Treasury and are contained in a draft of the Insolvency Law Reform Bill 2014: see
here (
pdf). Accompanying the Bill is explanatory material (
here,
pdf) and a proposal paper in respect of insolvency practice rules (
here,
pdf). Further information about taking part in the consultation is available
here.
Note (11 November 2014): the original link for the proposal paper was wrong but has now been corrected. Apologies.
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