INSOLVENCY: CROSS-BORDER CLAIMS – FOREIGN DEBTS AND INSOLVENCY- WHAT IS THE STATUS OF YOUR CLAIM?

The Cross-Border Insolvency legislation permits a foreign representative to commence an insolvency proceeding in Australia where the debtor is subject to a foreign proceeding. Difficulties surrounding cross-border insolvencies can result in risk and cost to businesses involved in international trade in goods and services. The legislation assists in the integration of national financial systems with …

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MORE THAN JUST TARIFFS – KOREA AUSTRALIA FREE TRADE AGREEMENT

The Korea Australia Free Trade Agreement (“KAFTA”) entered into force on 12 December 2014 This agreement did not just contain provisions for the removal of tariffs for the trade in goods it also aims to eliminate other barriers which impedes on the trade relationship between the two countries. Set out below are a few of …

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