Bbal 401 - company law, Business Law and Ethics

Assignment Help:

 

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals. In August last year, the "Corporations Amendment (Phoenixing and Other Measures) Bill 2012 was passed to give ASIC greater powers and to protect workers entitlements.

Tasks:

1. Provide some background on the issues relating to phoenix companies in Australia:

a. Define Phoenix Activity

b. Discuss the extent of phoenixing activity in Australia and the cost to industry

c. Industries in which phoenixing activity is most prevalent

2. Discuss the key measures contained in the "Corporations Amendment (Phoenixing and Other Measures) Bill and how regulators such as the ASIC, The Fair Work Ombudsman and ATO seek to protect the community from phoenixing activity.

3. How is the Government response to phoenixing activity being coordinated and what measures have been put in place to support workers who are owed certain employee entitlements after losing their job because their employer went bankrupt or into liquidation.

4. General Presentation and Structure


Related Discussions:- Bbal 401 - company law

Who are the stakeholders, Jordan is the director a big engineering Company....

Jordan is the director a big engineering Company. Tyson is the Chief Engineer of the company. He is working on the company's new project, namely the construction of a new building

Statutory task force on phoenix activity, Q. Statutory task force on phoeni...

Q. Statutory task force on phoenix activity? A long term option could be the establishment of a statutory task force on phoenix activity. This could be supported by all the rel

Domicile law of uk, Domicile law of UK However a person's domicile is ...

Domicile law of UK However a person's domicile is such country in where he either has or is deemed through law to have, his permanent home.  Hence it is the country of permane

Elements of a contract - offer, Elements of a Contract - Offer Further...

Elements of a Contract - Offer Further this is an unequivocal manifestation through one party of its intention to contract into another. So well it is a clear intimation for i

Cs 652 - programming problem, Q. CS 652 - Programming problem? Without ...

Q. CS 652 - Programming problem? Without using the system() function to call any bash commands, write a python program that will implement a simple version of the diff command.

Name the hallmark events in the evolution of nuclear law, Some of the hallm...

Some of the hallmark events in the evolution of nuclear law are: a.   1945 - The United States tested its first nuclear bomb. b.   1945 - Hiroshima and Nagasaki were attacke

Information in agenda setting, Information in Agenda Setting What infor...

Information in Agenda Setting What information, how and when reaches to voters to proposal, is also a detrimental factor in policy process. The degree to which information is c

Account for the importance of policy evaluation, QUESTION 1 Explain cle...

QUESTION 1 Explain clearly how Public Policy making constitutes a major function of Government QUESTION 2 Account for the role of Public opinion in the identification o

What sort of bailment, Houghland, a passenger in one of McAnn's buses, had ...

Houghland, a passenger in one of McAnn's buses, had his suitcase stored in a luggage comp of the bus for a trip from Brisbane to Cairns. The suitcase was lost during the course of

Discuss the advantages of arbitration over litigation, QUESTION 1 Mr To...

QUESTION 1 Mr Tom, a businessman, has a commercial dispute with one of his clients. He has heard about Alternative Dispute Resolution and he believes that mediation, conciliati

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd