A Guide to Voluntary Administration

Company Liquidation: An Expert Guide Company liquidation is an option of last resort for both solvent and insolvent companies. Liquidation eventually results in a company ceasing operations and entering deregistration. But what are some of the reasons that companies choose to enter the liquidation process? In this comprehensive guide to liquidation, we explore what is [...]

By | January 30th, 2020|liquidations, Uncategorized, Voluntary administration|0 Comments

Latest ASIC statistics

ASIC released its quarterly insolvency statistics for the third quarter of the 2015/16 financial year. It shows a decrease of 15.7% for companies entering external administration (EXAD). Liquidation appointments totalled 2,106 compared to 2,499 in the previous quarter. - Court liquidations were down 28.4%, except for South Australia (up 31%). - Creditors' Voluntary Liquidations were [...]

By | June 27th, 2016|liquidations, Voluntary administration|0 Comments