ASIC investigating Metigy, suspected of insolvent trading

Small businesses have had to adapt to COVID's effects on the economy over the past two years. They are now dealing with a whole new set of difficulties, including rising inflation, lack of workers, high consumer demands, and supply chain issues.

Small businesses have had to adapt to COVID’s effects on the economy over the past two years. They are now dealing with a whole new set of difficulties, including rising inflation, lack of workers, high consumer demands, and supply chain issues.

Simon Cathro, Founder and Principal at Cathro and Partners is joined by Brendan Widdowson, Head of Sales at Banjo Loans in this webinar to discuss how businesses in 2022 can manage uncertainty and find potential solutions.Artificial intelligence marketing tech company Metigy collapsed owing a list of high-profile creditors more than $32 million after its founder and CEO borrowed millions of dollars of company money and spent it on luxury properties, administrator documents show…Artificial intelligence marketing tech company Metigy collapsed owing a list of high-profile creditors more than $32 million after its founder and CEO borrowed millions of dollars of company money and spent it on luxury properties, administrator documents show…

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At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. When the Small Business Restructuring (SBR) regime was introduced in FY21–22, initial uptake was modest, with just 37 restructuring plans recorded nationally

At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. When the Small Business Restructuring (SBR) regime was introduced in FY21–22, initial uptake was modest, with just 37 restructuring plans recorded nationally

In this episode of The Cut, Simon Cathro sits down with Mitch Taylor, founder of ClaimCloud, to explore a concept still unfamiliar to many Australian creditors: selling creditor claims for immediate liquidity. With over 25 years in credit markets, including time on Wall Street during the GFC, Mitch shares why

In this episode of The Cut, Simon Cathro sits down with Mitch Taylor, founder of ClaimCloud, to explore a concept still unfamiliar to many Australian creditors: selling creditor claims for immediate liquidity. With over 25 years in credit markets, including time on Wall Street during the GFC, Mitch shares why

The Small Business Restructuring (SBR) framework has quickly become one of the most widely used mechanisms available to financially stressed SMEs. From only a handful of appointments in FY21, uptake has expanded to almost 3,000 SBR appointments in FY25, now representing a substantial  proportion of all formal insolvency appointments across Australia.  As the use of SBR

The Small Business Restructuring (SBR) framework has quickly become one of the most widely used mechanisms available to financially stressed SMEs. From only a handful of appointments in FY21, uptake has expanded to almost 3,000 SBR appointments in FY25, now representing a substantial  proportion of all formal insolvency appointments across Australia.  As the use of SBR