ABSTRACT

Insolvency (Sweet & Maxwell, Hong Kong, 2012); Yin (ed), Law and Practice of Corporate Insolvency (Lexis Nexis, Singapore, 2015). 8 For example, in England a debtor may enter into an Individual Voluntary Arrangement with his creditors under Part VIII of the Insolvency Act 1986 (UK). There are similar provisions under Part X of the Bankruptcy Act 1966 (Cth) for Personal Insolvency Agreements. 9 Re McMaster; Ex parte McMaster (1992) 33 FCR 70 at 72-73, per Hill J [Aust Fed Ct], cited with approval in 7 Steel Building Solutions Pty Ltd v Wright [2011] FCA 328 at [7], per Flick J. 10 Insolvency Act 1986 (UK) section 264(1). 11 Insolvency Act 1986 (UK) section 267. 12 Insolvency Act 1986 (UK) section 268. 13 Insolvency Act 1986 (UK) section 278.