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Jan
SMEs 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...
26FebUnlocking 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...
08FebStatutory Demands in 2021 and Beyond – Things You Ought To Know
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...
20JanNew Restructuring and Insolvency Processes for Small Business
Welcome to 2021! In our previous update in the December Quarterly Newsletter (read here), we provided an overview on the New Restructuring and Insolve...
07DecDon’t Ignore Your Bankruptcy Trustees! There Are Consequences.
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...
23OctBeware the Lawyers “fruits of the action” Lien!
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,...
08OctVoluntary Administration – What is it and how does the process work?
Voluntary Administration (VA) is an insolvency process that can allow an otherwise likely insolvent company and its director(s) the opportunity to fre...
24SepBusiness Survival Tips
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...
10SepGetting The Most Out Of A Personal Insolvency Agreement
A Brief History of Personal Insolvency Agreements A Personal Insolvency Agreement (PIA) is a formal arrangement for a debtor to discharge their debts ...
27AugHow Much Can I Earn Whilst Bankrupt?
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...
20JulWhat Happens to Your Business When COVID Support Ceases?
Many businesses have managed to survive in the COVID impacted economy by:...
16JulTime to Dispose of Redundant Companies
With the start of the new financial year, now is the time to consider whether your clients have companies that are no longer required....
22JunTravel Vouchers & Insolvency – Clear Skies or a Turbulent Ride?
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...
