June 2019
What is the Safe Harbour Legislation and How Does It Work for Company Directors?
Company directors in Australia have a statutory duty to prevent insolvent trading. With the introduction of Safe Harbour rules in 2017, the nature of this duty has been slightly changed. So, what are the Safe [...]
May 2017
Major Turnaround Case Study
Major Turnaround Case Study How do you come to a liquidator’s den assuming the worst, thinking it’s all over and 6 months later be in control of that same business with more promise and better [...]
September 2016
Tackle financial problems before it’s too late
What a business owner can do if their business is struggling? Referring from an article from Grant Field for Smart Company Summarising this article, it is often easier to look back after a business has failed and [...]
Personal Property Security Register (PPSR) boost
PPSR and PMSI combined for better creditors protection (from Gregor Heard for Fairfax Agricultural Media) A proponent of the personal property security register (PPSR) and purchase money security interests (PMSIs) as means of managing counter party risk [...]
August 2016
Choose your Liquidator carefully
ATO Crack down on Phoenix activities The Australian Tax Office (ATO) and the Australian Securities and Investments Commission (ASIC) have conducted raids on 13 businesses and residences across the country in a bid to crack [...]
Music-Streaming Company Debt Restructuring
Creditors have waived through debt restructuring deals for two of music-streaming service Guvera’s subsidiaries. A hit for taxpayers even as the Gold Coast-based parent awaits a research and development grant. Guvera placed subsidiaries Guvera Australia and [...]