The announcement of temporary relief for directors for insolvent trading personal liability – or the new ‘COVID-19 Safe Harbour‘ –…
An informal restructure can give your distressed business the breathing space it needs to gain a competitive advantage. Insolvency Academic…
Are you seeking cashflow advice Adelaide? Has the COVID19 crisis hit your business hard? Gaining access to the ‘Safe Harbour’…
Harry Potter might have been able to escape the government’s clutches with the help of a phoenix, but you and…
The recently established South Australian office of UK firm TekNet has acquired local IT managed services pioneer Loftus IT for an undisclosed sum…
The Directors Safe Harbour can be useful for entrepreneurs as it can help embrace risk and encourage innovation. It is…
The SME market has had it very tough in Australia – smaller and family businesses have struggled to avoid failure…
Twilight Zone When a company is under performing financially, directors might: do nothing or procrastinate; decide to resign or jump…
The laws are changing to allow directors to attempt a turnaround or restructure outside of a formal insolvency regime –…
Voluntary Administration – Directors lose control The public and the media do not differentiate between liquidation and voluntary administration. Australia’s…
Technological Advancements and Economic Growth The breadth of technological change and digital disruption has changed businesses approach to managing insolvency…
Who would want to be a director? The Business Judgement Rule is poorly understood and underutilised. Being a ‘director’ is…