Category: Restructuring & Insolvency

Successful Application to Remove a Liquidator Without Allegation of Wrongdoing Overview of the Decision A recent Federal Court decision clarified when a liquidator can be removed, even without any allegation...

In the past financial year, nearly 3,000 building companies in Australia have gone into liquidation. This alarming statistic, highlighted in a recent article by the Australian Financial Review, is a...

Discover how insolvency can impact your business and learn about the options available to manage financial distress, including voluntary administration and liquidation. Madison Marcus provides expert guidance to help navigate...

Running a business is no small feat, especially in a fast-paced and ever-changing economic landscape. If you are an Australian entrepreneur, you know firsthand the excitement and challenges that come...

Australia’s construction industry is a significant contributor to the country’s economy, generating jobs and growth across the nation. However, the industry is also known for its financial volatility, with many...

In the construction industry, disputes and claims arising from projects can cause significant financial and reputational damage to all parties involved. As a business owner, you may be familiar with...

Unexpected things may happen when managing a business or handling your own finances. You can run into troubles that might impact your cash flow or budget and may cause you...

Last week, the Federal Government announced proposed changes to corporate insolvency laws designed to help boost the survival rate of small businesses. The proposed changes would take effect from 1...

In the current COVID-19 climate, with so many businesses facing hardship and insolvency, many businesses and individuals are looking for ways to recoup monies owed and keep their own businesses...

In order to combat what would seem to be a quick snatch and grab at debts, the Federal Government has announced as part of its stimulus package, that it proposes...

In the same way that we are all looking to solutions to keep our society protected, there are special measures that many businesses can take to ensure that they ultimately...

In view of the recent bush fires and coronavirus (COVID-19) disruption to markets across the world, business owners need to reassess their short term and medium term restructuring needs.

Company Directors need to ensure that they are aware of and compliant with the new Illegal Phoenixing Laws that were introduced this week. The new phoenix offences will prohibit creditor-defeating...