In times of financial uncertainty or distress, stakeholders including directors, CEO’s, CFO’s, senior management teams, lenders, shareholders, creditors and advisors often need expert assistance and advice. Similarly, individuals facing financial uncertainty or distress also need expert assistance and advice.

We are regularly approached by various stakeholders, including directors, CEO’s, CFO’s, senior management teams, lenders, shareholders, creditors, the Australian Taxation Office, the Australian Securities and Investments Commission, and companies’ advisors, as well as individuals facing financial distress, to provide expert assistance and advice. Whilst insolvency or bankruptcy may be inevitable in some situations, our expertise in business reconstruction allows us to assist many businesses to trade-out of hardship.

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Have you received a Director Penalty Notice?

Posted By chloe on 05/02/2019 09:41:33 pm

As a director, it’s important that you ensure your company complies with its taxation obligations, or else risk personal liability for outstanding Pay As You…

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Overseas Travel in Bankruptcy

Posted By chloe on 05/02/2019 09:39:13 pm

An important condition placed on all bankrupts in Australia is the restriction on unauthorised overseas travel. An undischarged bankrupt must obtain permission from their trustee…

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Safe Harbour from Insolvent Trading

Posted By chloe on 05/02/2019 09:38:03 pm

The Federal Government recently passed new laws that allow directors of financially distressed businesses a new ‘safe harbour’ to turn around their business free of…

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Director's Duties

Posted By chloe on 05/02/2019 09:32:26 pm

A director has a positive duty to prevent insolvent trading under s588G of the Corporations Act 2001 (Corporations Act). Section 588G requires a director of…

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