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Seen but not heard? The significance of shareholders under Pt 5.3A of the Corporations Act

Anderson, Colin & Morrison, David (2008) Seen but not heard? The significance of shareholders under Pt 5.3A of the Corporations Act. Insolvency Law Journal, 16(4), pp. 222-234.

Abstract

The article considers the interests of company members as stakeholders in the event of a company entering voluntary administration and suggests that while shareholders hold a residual interest, they nonetheless have an interest in ensuring that that the company is rescued and perhaps therefore have a role to play in the rescue of the company’s business. In doing so it argues that there is some inconsistency in recent changes in Ch 5 regarding the role of shareholders with some changes recognising their role while others have sought to downplay it.

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ID Code: 43286
Item Type: Journal Article
Keywords: Insolvency Law, Corporate Insolvency, Voluntary Administration
ISSN: 1039-3293
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100)
Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > Corporations and Associations Law (180109)
Divisions: Current > QUT Faculties and Divisions > Faculty of Law
Current > Schools > School of Law
Deposited On: 13 Jul 2011 23:11
Last Modified: 03 Dec 2012 12:08

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