For many Australian businesses, the prospect of insolvency and bankruptcy can be a daunting and distressing reality. Yet, in such an environment, there lies opportunity. We assist resilient leaders to adjust their focus to apply adaptive strategies that achieve business transformation, emerging stronger than before.
We're knowledge sharers
Our 2024/25 Guide to Corporate Insolvency is here to assist you in getting the answers you may need, when you need them the most.
Together, we'll deal with it
Insolvency that puts people first
Q&A format. Not meant to be read cover to cover.
Fresh, up to date. Reflects latest legislation & practical applications
Hardcopy or digital. You choose
Used by professional advisors everywhere
Table of contents
Guide to Corporate Insolvency
What's included
- Simplified liquidation
- Liquidation
- Small business restructuring
- Voluntary administration
- Deeds of Company Arrangement (DOCA)
- Members' voluntary winding up
- Ending a liquidation
- Director's liabilities for company debts
- Preferences in liquidations
- Safe harbour
- Insolvent trading
- Unreasonable director-related transactions
- Uncommercial transactions
- Indicators of insolvency
- Director penalty notices
- Personal Property Securities Act (PPSA)
- Employee entitlements
- Dividends
"The Guide provides a simple explanation of the very complex areas of insolvency law. Useful when needing access to a quick reference point."
Accountant
Partner
Downloads
Request a copy of our latest Guide to Corporate Insolvency. We offer these to professional advisors as complimentary.
Client conversations
When to use the Guide
Some scenarios your client might be facing
- They've just received a director penalty notice from the ATO
- A creditor has mentioned using the personal guarantee the client gave them
- The ATO has rejected their repayment plan
- When the business is sold and and it's time to retire
During the course of business
Using the Guide in your practice
Some scenarios in the course of your business
- How can I get my fees paid as a preference in my client's liquidation
- How to demonstrate a client's personal liability in a range of insolvency situations
- How the PPSA works to give clients security over goods or finance they supply
- What are the indicators of insolvency
Here to help
The sooner you seek options...
The sooner you seek options, the more you’ll have.
Despite enormous government assistance and despite the Australian Taxation Office restraint—which is now reverting—business and financial recovery may not see sufficient results to meet compounded debts. Business owners/leaders and their advisors undoubtedly need additional assistance and advice.
Being supported by experts who want to listen and empower people and business is the best way to move through and past these challenges. On the other side of those conversations is relief and support. When people can share their story with people who understand what it means to face financial strain, have assets at risk, and their confidence in question…the burden of facing financial reality starts to lose its influence, in most cases for all stakeholders.
Request a hardcopy
Our Guide to Corporate Insolvency is complimentary
FAQs
Some questions you may like answered
A
In our last survey, 46% professional advisors said they use the Guide when consulting with their clients. A further 35% said they use it for their professional development.
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No. Our Guides to Insolvency have always been and will always be complimentary. It's our way of giving back to the business community through giving comprehensive information and insights at zero cost.
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Go to our contact form to request a hardcopy and we'll arrange for it to be posted out. Or you're welcome to drop by one of our offices.
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Director penalty notices on page 66
Director's liabilities for company debts on page 40
Small business restructuring on page 24