DLA Piper

UK Top 200 position: 1

Burying the phoenix company: ASIC's new regulatory guide 242

Following consultation with stakeholders about its new powers to wind up abandoned companies, on 8 November 2012 the Australian Securities and Investments Commission (ASIC) released a Regulatory Guide titled ASIC’s power to wind up abandoned companies, indicating the actions it proposes to take in relation to abandoned companies and “phoenix” companies.

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Overview

3 Noble Street
London
EC2V 7EE
UK
http://www.dlapiper.com
Turnover (£m)1,400
PEP (£k)766
EPP (£k)444
Total lawyers3,744
Total partners1,247