An ipso facto clause is a contractual provision that allows one party to the contract to terminate or modify the operation of the contract upon the occurrence of a specified insolvency related event (such as the appointment of an administrator, receiver or liquidator) in respect of another party.

In this issue:

  • Ipso facto clauses
  • Stay on enforcement of ipso facto rights
  • Application of the stay
  • Exceptions to the stay
  • Exclusions from the Ipso Facto provisions inserted into the Corporations Act 2001 (Act) with effect from 1 July 2018
  • The kinds of rights which are excluded
  • The kinds of rights which are excluded in specified circumstances

download pdf button

Explore More Insight