28
Jun
The Difference Between Bankruptcy and Liquidation
Individuals aren’t the only group who can become insolvent or experience financial difficulties – businesses often face the same struggles. Whil...
- 09Jun
How Long do Bankruptcies Last in Australia?
If you find yourself facing financial difficulties, bankruptcy can be an effective method for finding relief from your creditors and regaining control...
- 09Jun
What is Court Liquidation and How Long Does it Take?
Corporate insolvency can occur for any number of reasons. From simple misfortune to market downturns, thousands of companies face financial struggles ...
- 30May
What Happens When You Declare Bankruptcy?
Throughout the course of our lives, most of us will experience financial difficulties at one point or another. While many people are lucky enough to r...
- 25May
Filing for Bankruptcy When You’re Married
In Australia, bankruptcy is the legal process where an individual declares that they are unable to pay their debts. As part of the bankruptcy process,...
- 16May
The Benefits of Bankruptcy
Bankruptcy is a legal process that allows individuals to be released from most debts. Throughout the bankruptcy process, a Trustee will take stock of ...
27AprBeware The ATO Is Awakening
During the past two years of the COVID Pandemic, it is well known that the Australian Taxation Office (ATO) has undertaken limited recovery action of ...
17MarQ&A: Director Penalty Notices (DPNs)
What is a DPN? A Director Penalty Notice (DPN) is a notice issued by the Australian Taxation Office (ATO) to a director of a company in respect of unp...
15FebDigital Currencies Here To Stay
The Reserve Bank of Australia (RBA) recently announced its intention to implement a digital currency to “complement existing forms of money.” The RBA ...
01FebLet’s Agree to Disagree – Shareholder Disputes and Solutions to Resolve
It is common for private companies to be born out of a light-bulb moment between friends or family. From the outset, it may seem all sunshine and rain...
19JanSMEs Market Update 2022
The market for SMEs has been characterised by uncertainty and various business stressors over the last two years. One of the newest emerging issues fa...
07DecEmployment Restrictions for Bankrupts
What Employment Restrictions exist for Bankrupts? When a state of bankruptcy is declared, there are understandably many questions regarding future emp...
24NovThe Grizzly Bear Hibernates for the…COVID-19 Pandemic.
The native North American Grizzly bear and the ATO. Can there be similarities between an animal and a sovereign regime? Let’s compare the two and find...
19OctExiting the Family Business and Members Voluntary Liquidations – Can a MVL help you?
The sale of a family business is usually an exciting time for all involved. This is particularly true for those who started out with a business idea a...
04AugCaught between a rock and a hard place – Provisional Liquidation may help protect your interests in a dispute
Provisional Liquidation can be an effective process to protect your interest in a Company and may be available to directors, shareholders, creditors a...
07JulDo you know your Duties as a Company Director?
Knowing and fulfilling your duties as a company director is essential when running a business. The Corporations Act 2001 outlines general duties that ...
22JunWhat you need to know about ATO Tax Debt and the Consequences of Failure to Pay
Owing tax debt to the ATO can be a serious issue for businesses. Whether you are a director of a company or a sole trader, ignoring tax debts can come...
19MayRelated Party Transfers – Pre-Bankruptcy
Transfer of property (assets) by a debtor to a spouse / relative in the period leading up to bankruptcy is a common occurrence. This transfer is often...
