As an adviser, you’re often first to see the warning signs. We have prepared an updated SBR brochure for directors and advisors setting out a step-by-step overview including flowchart and... read more →
When a business is in financial distress, time matters. That’s why our first step is always a triage call. A quick, obligation-free discussion to understand the situation and outline the... read more →
If you’re having a discussion about these issues then chances are you’ll need help. These are the notes for a training presentation. Understanding your obligations as a director when your... read more →
Imagine this: It's a typical Tuesday morning. You're sipping your coffee, checking emails, when suddenly your heart skips a beat. There it is - an official notice from the Australian... read more →
ATO Debt Recovery - Why ignoring it is not an option The ATO is adopting a range of targeted strategies in response to the growth in the amount owing to... read more →
What is Provisional Liquidation? Provisional liquidation is a process under the Corporations Act 2001 (Cth) where a company is placed into a temporary form of liquidation by court order. A provisional liquidator... read more →
Companies at the tipping point We have recently used the creditors’ voluntary liquidation (CVL) process as an effective way to close companies that had reached the end of their life... read more →
Purpose of VA Voluntary Administration (VA) is a statutory process under the Corporations Act designed to provide companies in financial distress with an opportunity to restructure, preserve value, and deliver... read more →
Navigating unfair preference claims: information for accountants and non-insolvency lawyers (in-house and external) Relevance. Your customer or your client’s customer has gone into liquidation. Two-years later you receive a demand... read more →
I recently revisited the Reserve Bank of Australia’s April 2025 Financial Stability Review. It is a valuable read for people that operate a small business, and are thinking about current... read more →