Tag Archives: #insolvencylawreform

First Part 5.3B Restructuring Appointment

Not just one, two in fact.

It’s only taken 6 weeks for the first appointment of a restructuring practitioner under Part 5.3B of the Corporations Act 2001 to be made.

The ASIC Published Notices search engine shows the lucky first appointee took office on 14 February, and the second on 16 February.

Much to the disappointment of some, Scomo was not on hand at the appointment in a green and gold polo shirt smiling for the cameras.

See the search engine results here for live updates:

https://publishednotices.asic.gov.au/browsesearch-notices?appointment=Restructuring%20(Part%205.3B)&noticestate=All&court=&district=&dnotice=