Insolvency - It's All About the Money

Federal Law Review, Vol. 46 No. 2 (2018)

25 Pages Posted: 13 Aug 2018

Date Written: August 10, 2018

Abstract

The most desirable outcome from corporate insolvency is one that achieves the greatest return for all creditors including revenue authorities; minimises the cost of administering the system so that money is not pointlessly consumed; lessens reliance on government safety nets; and deters and punishes those who would use insolvency to their own advantage. This paper explores these intersecting priorities and argues for a new approach to insolvency administration that achieves these objectives.

Keywords: insolvency, creditors, administration

JEL Classification: K00, K22

Suggested Citation

Anderson, Helen L., Insolvency - It's All About the Money (August 10, 2018). Federal Law Review, Vol. 46 No. 2 (2018), Available at SSRN: https://ssrn.com/abstract=3229615

Helen L. Anderson (Contact Author)

Melbourne Law School ( email )

University of Melbourne
Melbourne, 3010
Australia
+61 3 90355467 (Phone)

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