Bankruptcy & Insolvency

COCID 19 Insolvency

COVID-19 Insolvency: Extensions to Bankruptcy Laws for Eligible Businesses

05.02.21

As of 31 March 2021 the Australian Government will allow financially distressed businesses to access a single and streamlined process to restructure their debts, while allowing owners to remain in control. Read More.

Liquidation

Why Liquidation Doesn’t Mark The End

06.12.18

On 16 March 2017, the New South Wales Supreme Court terminated a liquidation in CNL Transport following consideration of the surrounding circumstances for non-compliance with a statutory demand. Read More.

Insolvency Lawyer

Safe harbour provisions for distressed companies

28.06.18

Safe Harbour protection is designed to provide relief to distressed companies to improve the prospects of implementing a successful turnaround strategy. Read More.

Commercial Lawyer

Is contract termination on insolvency clause still enforceable?

06.06.18

With recent changes to the Corporations Act 2001 the so-called ‘ipso facto’ clauses are only enforceable with court approval in the insolvency context. Read More.

3 Unexpected Benefits of Bankruptcy

22.09.17

When you hear the word bankruptcy, you likely envision a lot of horrific consequences. You understand that bankruptcy negatively affects your credit for years. Read More.

Bankruptcy for Builders

Is the Gold Coast in Recession? | John Ramsden

22.09.17

The Gold Coast is currently Australia’s leading tourism destination with approximately 10 million visitors every year and is the fastest growing large city with a five year population growth rate of 3.5 per cent. Read More.

Bankruptcy for Builders

Statutory Demands & Director Penalty Notices | John Ramsden

22.09.17

A statutory demand is a formalised, written demand for payment served by a creditor on a debtor company. Failure by the company to discharge its debts posits a presumption of insolvency, being the inability for a company to pay its debts as and when they become due and payable. Read More.

Bankruptcy for Builders

Insolvent Trading - What are the implications?

22.09.17

This article discusses the implications of not being able to pay debts as they become due and payable. Read More.

Bankruptcy for Builders