Construction-related businesses have built up a mountain of unpaid tax bills during the pandemic, threatening a wave of failures this year that could take otherwise-healthy creditors down with them, insolvency practitioners warn.
Construction-related businesses have built up a mountain of unpaid tax bills during the pandemic, threatening a wave of failures this year that could take otherwise-healthy creditors down with them, insolvency practitioners warn.
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In this episode of The Cut Andrew Blundell speaks with Courtney Macdade and Rebecca Dalais from the the Department of Employment and Workplace Relations FEG Recovery Program’s Recovery Funding team. Courtney Macdade is the Acting Principal Government Lawyer in the Department of Employment and Workplace Relations FEG Recovery Program’s Recovery
Introduction Director loans are common assets which liquidators identify once they are appointed liquidators of a company. As liquidators, we often see situations whereby the company is not making any profits and the directors use the company’s funds during a financial year to fund their personal lifestyle, thereby creating the
Recently I was approached by a client to consider whether it was possible to call a members’ meeting to and place a company into creditors voluntary liquidation without the involvement of the director. In this particular case, the sole director passed away suddenly leaving the company without a director and
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