ASIC investigating Metigy, suspected of insolvent trading

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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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Believe Early Learning: Preserving Essential Services Through Voluntary Administration

How a creditor-supported restructuring preserved regional childcare centres, protected jobs and delivered a materially better outcome than liquidation. The restructuring of the Believe Early Learning businesses is a practical example of what voluntary administration can achieve when a childcare operator has viable services but an unsustainable financial structure. The process

Believe Early Learning: Preserving Essential Services Through Voluntary Administration

Insights into the state of Commercial Property Market

In this episode of The Cut, Chris Bergin, Cathro’s Principal in Melbourne, sits down with Julian Heatherich, Director of Commercial Sales at Savills, to discuss the current state of Victoria’s commercial property market. Drawing on more than 25 years of experience in real estate, Julian shares his perspective on the challenges facing

Insights into the state of Commercial Property Market

Why Some Business Owners Recover Their Money in a Liquidation but Most Don’t

When an insolvency practitioner is appointed to a small or medium enterprise (“SME”), a consistent pattern emerges in relation to the owner’s investment in the company. In the majority of cases, the business owner has put a substantial amount of their own money into the business, typically drawn from savings,