Client Update: Ipso facto clauses, safe harbour for directors – our comments on the draft exposure legislation

The Federal Government has released draft exposure legislation designed to facilitate company reconstructions. Senior Finance Counsel Diccon Loxton, Senior Associate Alicia Salvo and Associate Frances Navarro-Towan discuss some of the implications and issues. 

from Allens Banking & Finance publications http://www.allens.com.au/pubs/insol/cuinsol10apr17.htm