Technical Insight

What should you consider when you have been approached to act as a director of a company.

I recently spoke at the Australian Restructuring, Insolvency and Turnaround Association (ARITA) Queensland state conference on technology in professional services firms and this got me thinking about how this information may be of benefit to our Cathro and Partners network.

The Federal Court decision Australian Securities and Investments Commission v GetSwift Limited (Penalty Hearing) [2023] FCA 100 serves as a timely reminder to company directors and their advisors to ensure that the company is operating in accordance with relevant legislation…

The insolvency landscape has gone through major reforms in recent years, particularly with the introduction of the Insolvency Law Reform Act 2016 (Cth) (“ILRA”).

We have enjoyed our holidays, are back to work and the kids have returned to school. Now the focus is back looking at your business.

Whilst there have been several recent legislative changes in the corporate insolvency landscape including the introduction of small business restructuring, simplified liquidation and an increase in the statutory demand minimum to $4,000…

When will I get paid if the Company that owes me money is placed into External Administration?

This article aims to outline to the readers how a company may restructure its financial affairs through the formal appointment of an administrator and then entering into what is known as a deed of company arrangement.

We are likely to see an increased number of businesses suffering from business financial distress caused by the COVID pandemic and potentially the effects of inflation that we are likely to see during 2022.