Keay's Insolvency: Personal and Corp Law and Practice 12e - eBook

Keay’s Insolvency is the leading text on personal and corporate insolvency law and practice in Australia, and it is widely used by practitioners and regularly cited in court.

 

This edition updates the text through a detailed discussion of case law developments since the prior 11th edition. While significant statutory reform has been absent in recent years, the volume of case law concerning corporate and personal insolvency remains steady and in some areas is increasing. This edition incorporates discussion on the 2023 Parliamentary Joint Committee on Corporations and Financial Services’ Corporate Insolvency in Australia report throughout the text and anticipates potential reforms being considered by the Productivity Commission’s ongoing Barriers to Business Dynamism review (under way during 2026 into 2027).  

 

The 12th edition of Keay’s Insolvency includes:

 

High Court decisions since the last edition, including Morgan v McMillan (2024), Greylag Goose Leasing (2024), Bryant v Badenoch (2023) and Metal Manufacturers v Morton (2023)

Increased analysis of the small business restructuring regime under Pt 5.3B

Updated analysis of recovery proceedings under both bankruptcy and liquidation to account for recent appellate decisions

Increased discussion of fairness in restructuring efforts following recent decisions on setting aside DOCAs and using voluntary administration for an improper purpose

Updated coverage of the latest cross-border insolvency cases

Each chapter has been revised, including removing less frequently cited authorities to ensure that readers have not only the latest decisions but are only referred to the leading decisions.

 

 

Michael Murray is a lawyer and writer, publishing through Murrays Legal, on insolvency and related law and practice, including internationally. He was a litigation lawyer in government practice in insolvency, tax and competition law before taking the role as inaugural legal director of ARITA, the main insolvency professional body. Michael has presented at numerous insolvency conferences in Australia, as well as the UK, the EU, and the US, and China, Vietnam and Japan.  He is a Fellow of the UNCITRAL National Co-ordination Committee for Australia (UNCCA) and a Fellow of the Australian Academy of Law. He has authored or co-authored Keay’s Insolvency for over 20 years.

 

Dr Jason Harris is Professor of Corporate Law at the University of Sydney Law School where he teaches corporate law and insolvency law. Jason is a Fellow of the Australian Academy of Law and a Fellow of the Governance Institute of Australia. He is a member of the Insolvency and Restructuring Committee, the Corporations Committee and the Small Business Committee of the Business Law Section of the Law Council of Australia and a member of the Law Committee of the Australian Institute of Company Directors. Jason is an academic member of ARITA, a member of INSOL International, a member of the International Insolvency Institute and a member of the American Bankruptcy Institute. Jason serves on the steering committee for the Insolvency Law Academy in India and has been a visiting scholar in Canada, India, Singapore, England and in the United States.