Australia—pooling
Australia—pooling

The following Restructuring & Insolvency guidance note provides comprehensive and up to date legal information covering:

  • Australia—pooling
  • What is pooling and why it is useful?
  • When voluntary pooling determination may be made
  • When voluntary pooling determination comes into force
  • Voluntary pooling determinations and the role of the court
  • Court ordered pooling
  • Pooling under a deed of company arrangement

Peter Kelso, solicitor

What is pooling and why it is useful?

‘Pooling’ is the term used to describe the situation where the liabilities (and typically the assets) of multiple companies are ‘pooled’ and the pooled group is then treated for various purposes (above all, payment to creditors) as a single entity.

When voluntary pooling determination may be made