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March 2020

Temporary amendments to Australian insolvency laws due to coronavirus effective today CommercialInsolvency
25 March, 2020

Temporary amendments to Australian insolvency laws due to coronavirus effective today

The Coronavirus Economic Response Package Omnibus Act 2020 (Cth) (Act) has come into force.  The Act, among other things, makes temporary amendments to the Australian insolvency and corporations laws in light of the economic impacts of the coronavirus. Why have the amendments been made? The Act provides temporary relief for financially…