Batemans Bay Lunch Seminar

DATE August 8th, 2024

Few business owners want to shut down a venture they have poured their heart into, even when facing financial distress. By its nature, “restructuring” is a give-and-take process where those owed money are asked to compromise their debts for what ideally is a greater net benefit to themselves and others.

In this seminar, we will explore how restructuring laws can be used to save struggling businesses.

We will discuss common restructuring strategies such as:

· Small Business Restructuring Process

· Voluntary Administration

· Liquidation, and

· Phoenixing

while focusing on real-world applications by examining when certain processes are more effective than others and discuss the risks and pitfalls of restructuring in general. 

Given the recent rise in insolvencies and economic challenges, we will provide valuable insights into what is and is not possible when it comes to guiding a struggling business toward a new beginning.

We look forward to seeing you at our upcoming breakfast and lunch seminars.

Worrells seminars are complimentary; attendees receive a 1-hour CPD/CPE certificate. Attendees should verify with their professional development program if this topic qualifies.

Stephen Hundy
Principal, Worrells
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