Add to ORKGCorporate failures and consequent default on obligations have, in some circumstances, led to significant losses for employees with accumulated unpaid leave entitlements. The Australian government responded initially to this problem by implementing a government funded compensation scheme. Subsequently it announced a proposal involving legislating for seniority (maximum priority) of entitlements in corporate liquidation which has not been implemented. This paper analyses and provides quantitative estimates of the consequences of changing creditor priority in this manner. Contrary to conventional wisdom and arguments mounted in opposition to such a change, the effect on corporate funding costs would be extremely small. The paper argues that le...
The recent decline in funding levels of defined benefit pension plans (DBPs) has attracted the atten...
Debt restructuring procedures aim to achieve a compromise between the needs of the debtor and its cr...
This thesis seeks to answer the research question: is the allocation of resources to insolvent compa...
In 2001, the Howard Government established the General Employee Entitlements and Redundancy Scheme, ...
In 2001, the Howard Government established the General Employee Entitlements and Redundancy Scheme, ...
In 2001, the Howard Government established the General Employee Entitlements and Redundancy Scheme, ...
Who enjoys statutory preferred creditor status? What justifications exist for jurisdictions to maint...
The Commissioner’s role in a corporate insolvency has expanded as new forms of taxation have been cr...
Following the collapse across the last decade of a number of large organizations such as Enron in th...
This paper offers an explanation for one of the most important and persis-tent puzzles in corporate ...
Focuses on the need for strong regulation to secure funding for employee entitlements in Australia. ...
Four developments warrant revisiting the debate on full priority and taking steps to implement a par...
In the event of corporate insolvency, inconsistencies between corporate and taxation laws can result...
In 1988, the Australian General Insolvency Inquiry (Harmer Report) recommended that the principle of...
George Lopez, chair of CPA Australia\u27s insolvency and reconstruction committee reported in Austra...
The recent decline in funding levels of defined benefit pension plans (DBPs) has attracted the atten...
Debt restructuring procedures aim to achieve a compromise between the needs of the debtor and its cr...
This thesis seeks to answer the research question: is the allocation of resources to insolvent compa...
In 2001, the Howard Government established the General Employee Entitlements and Redundancy Scheme, ...
In 2001, the Howard Government established the General Employee Entitlements and Redundancy Scheme, ...
In 2001, the Howard Government established the General Employee Entitlements and Redundancy Scheme, ...
Who enjoys statutory preferred creditor status? What justifications exist for jurisdictions to maint...
The Commissioner’s role in a corporate insolvency has expanded as new forms of taxation have been cr...
Following the collapse across the last decade of a number of large organizations such as Enron in th...
This paper offers an explanation for one of the most important and persis-tent puzzles in corporate ...
Focuses on the need for strong regulation to secure funding for employee entitlements in Australia. ...
Four developments warrant revisiting the debate on full priority and taking steps to implement a par...
In the event of corporate insolvency, inconsistencies between corporate and taxation laws can result...
In 1988, the Australian General Insolvency Inquiry (Harmer Report) recommended that the principle of...
George Lopez, chair of CPA Australia\u27s insolvency and reconstruction committee reported in Austra...
The recent decline in funding levels of defined benefit pension plans (DBPs) has attracted the atten...
Debt restructuring procedures aim to achieve a compromise between the needs of the debtor and its cr...
This thesis seeks to answer the research question: is the allocation of resources to insolvent compa...