Below, we share insights and case studies that highlight our role and strategies in addressing diverse financial challenges. Case Study: Building & Construction Levi Consulting was appointed liquidator for a... read more →
What is SBR? Navigating financial distress is a daunting challenge for a small business. However, the Small Business Restructuring (SBR) process, established under Part 5.3B of the Corporations Act 2001,... read more →
Overview Voluntary administration is a corporate rescue process under Australia's Part 5.3A of the Corporations Act 2001. The primary aim is to maximise the chances of the company’s continuation through... read more →
CreditorWatch’s recent Business Performance Report reveals troubling trends for the hospitality sector, with 16.2% of businesses rated as high risk and a projected closure rate of 8.9% over the next 12 months. Key... read more →
The Australian Tax Office (ATO) is using Director Penalty Notices (DPN) to make directors personally liable for liabilities to ATO. ATO is currently owed about $35 billion from small businesses.... read more →
What is section 66G? Section 66G of the Conveyancing Act 1919 (NSW) provides a legal remedy for co-owners of property who are unable to reach an agreement. It allows any... read more →
There are many benefits available to corporates and family offices that simplify their group structures. Simplifying group structures and inactive companies is an essential strategy for businesses looking to streamline... read more →
This article contrasts Voluntary Administration, where control shifts to an independent administrator, with Small Business Restructure, where directors retain control while restructuring the business. VA is suited for larger, more... read more →
Overview For micro and small businesses (less than $1 million in total debts). SBR is a quick, inexpensive and straightforward formal restructure method. SBR allows directors to remain in control... read more →
Australia has well-established and flexible restructuring and insolvency procedures (formal and also informal). A number of options are available. Informal workout Safe harbour Voluntary administration followed by a deed of... read more →