Unlocking Insolvency – Creditors’ Meetings 101 (Corporate)
Welcome to article one in our new series, Unlocking Insolvency. Through this new series, we’ll shed light on the unknowns of the insolvency proc...
Welcome to article one in our new series, Unlocking Insolvency. Through this new series, we’ll shed light on the unknowns of the insolvency proc...
A Company owes you money. It is overdue and you feel you have made all attempts to get them to pay, including phone calls, letters of demand and exten...
Welcome to 2021! In our previous update in the December Quarterly Newsletter (read here), we provided an overview on the New Restructuring and Insolve...
Non-compliance by a Bankrupt is a common occurrence when managing a Bankrupt Estate. More often than not, a Bankrupt will not respond to written corre...
A lien is defined typically as “a right to keep possession of property belonging to another person until a debt owed by that person is discharged” or,...
Voluntary Administration (VA) is an insolvency process that can allow an otherwise likely insolvent company and its director(s) the opportunity to fre...
Whilst Australia continues to manage “the curve”, this has come at a significant cost to business and the economy as a whole. No one knows when it wil...
A Brief History of Personal Insolvency Agreements A Personal Insolvency Agreement (PIA) is a formal arrangement for a debtor to discharge their debts ...
Some people spend a lot of time and money to “hide their assets” in case their finances go south and they are faced with bankruptcy. They might set up...
Many businesses have managed to survive in the COVID impacted economy by:...
With the start of the new financial year, now is the time to consider whether your clients have companies that are no longer required....
Australians love to travel. We’re an adventurous and resilient lot. COVID-19 has tested that resilience on a number of fronts, including the restraint...
A recent Federal Court case (1) has found that the liquidator of a company after a failed Deed of Company Arrangement (DOCA) [our FAQ’s on DOCA’s can ...
I am stating the obvious by saying the COVID-19 caused lockdown in Australia will not be remembered by most as the Time of Opportunity in the lucky co...
There is an old bankruptcy expression called “keeping house” – an act of bankruptcy in fact before a person is made bankrupt. Picture the blinds that ...