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Category: Restructuring & Insolvency

MM-Blog Content 13 JUL 2023 - 01
6 Signs Your Business Is Insolvent
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...
MM-Blog Content 24 APR 2023 - 010
How To Avoid Insolvency in Your Construction Company
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...
MM-Blog Content 24 APR 2023 - 09
What Is the Limitation of Liability in Construction Contracts?
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...
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Hiring The Right Insolvency Lawyer In Sydney
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...
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Big news for struggling small businesses
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...
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COVID-19 CRISIS: CREDITOR’S STATUTORY DEMANDS – COURT DECISION POTENTIALLY CATASTROPHIC FOR CREDITORS.
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...
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Can I get paid now? The Pros and Cons of the proposed Insolvency Amendments in response to the COVID-19 Crisis
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...
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How to protect the health of your business during the COVID-19 Crisis
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...
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Restructuring your business to deal with a crisis.
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.
Directors Beware ASIC and Liquidators enhanced new powers to combat Company Phoenixing
Directors Beware - ASIC and Liquidators have enhanced new powers to combat Company Phoenixing
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...