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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DLA Piper has released issue 64 of its Banking and Finance Litigation Update.
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