Openpay Enters Liquidation: Cathro & Partners Appointed as Liquidators

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Major Buy Now, Pay Later Firm Openpay Faces Liquidation After Financial Collapse.

Major Buy Now, Pay Later Firm Openpay Faces Liquidation After Financial Collapse

Openpay, a major player in the buy now, pay later market, has entered liquidation following its collapse earlier this year. The company, which had accrued more than $66.1 million in debts to creditors and owed significant amounts in unpaid wages, struggled to find a buyer or secure recapitalization. Simon Cathro of Cathro & Partners have been appointed as liquidators and administrators to manage the winding-up process. This development marks a significant turn in the fortunes of Openpay, which had listed on the ASX in 2019 but failed to achieve profitability since its stock market debut.

Click here for the telecast – Buy now pay later company Openpay has gone into liquidation following its collapse earlier this year. | news.com.au — Australia’s leading news site

Director Residential Addresses Removed from ASIC Extracts: Privacy Reform and Commercial Consequences

From 2 February 2026, residential addresses of company officeholders no longer appear on company extracts purchased through ASIC. The reform has been presented as a privacy and safety measure aimed at reducing identity theft and cyber-enabled risks. ASIC has confirmed that residential address information will continue to be collected and

Director Residential Addresses Removed from ASIC Extracts: Privacy Reform and Commercial Consequences

Cathro Clarity Insight: Has Small Business Restructuring Reached Its Peak?

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

Cathro Clarity Insight: Has Small Business Restructuring Reached Its Peak?

Insights into purchasing creditor claims in an Insolvency process with Mitch Taylor

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