'What’s the Latest?' Corporate Insolvency Statistics

Insolvency Law Bulletin July/August, pp. 2-3, 2010

U. of Adelaide Law Research Paper No. 2012-26

3 Pages Posted: 21 Aug 2012 Last revised: 31 Aug 2012

See all articles by David Brown

David Brown

University of Adelaide - School of Law

Christopher Symes

University of Adelaide - School of Law; University of Adelaide

Date Written: August 20, 2012

Abstract

Has there ever been an occasion when you wondered what the accurate picture (as distinct from the law) was on some aspect of corporate insolvency? While it may be that statistics often only confirm what years of long experience in practice have taught us, this is not always the case. So, have you ever wished someone (including, in this case, the Australian Securities and Investments Commission (ASIC)) had produced actual evidence to support your anecdotal observations on insolvency policy and practice? It might have been regarding just how many companies go into liquidation owning liquid assets. Perhaps you wondered, at the end of the 1990s, just how big was the “employee entitlements problem” or, more recently, given that one liquidator has been disqualified for life, just how many more are engaging in the activities that he did.

Keywords: Australian Securities and Investments Commission, ASIC, employee entitlements problem

JEL Classification: K22

Suggested Citation

Brown, David and Symes, Christopher, 'What’s the Latest?' Corporate Insolvency Statistics (August 20, 2012). Insolvency Law Bulletin July/August, pp. 2-3, 2010, U. of Adelaide Law Research Paper No. 2012-26, Available at SSRN: https://ssrn.com/abstract=2133068

David Brown (Contact Author)

University of Adelaide - School of Law ( email )

Ligertwood Building
Adelaide 5005, South Australia SA 5005
Australia

Christopher Symes

University of Adelaide - School of Law ( email )

Ligertwood Building
Adelaide 5005, South Australia SA 5005
Australia

University of Adelaide ( email )

No 233 North Terrace, School of Commerce
Adelaide, South Australia 5005
Australia

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