Safe Harbour for financially distressed companies – Webinar

The Federal Government recently passed laws that allows directors of financially distressed businesses a new 'safe harbour' to turn around their business without the stress of being personally pursued for insolvent trading actions.

The Federal Government recently passed laws that allows directors of financially distressed businesses a new ‘safe harbour’ to turn around their business without the stress of being personally pursued for insolvent trading actions.

We invite you to join Simon Cathro (Cathro & Partners) and Mark Wilson (W Advisors) to discuss the safe harbour process and the important steps you will need to take to ensure protection of yourself whilst maximizing the chances of return probability of your business.

Recent Articles

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

The definition of a Turnaround is a structured effort to restore a struggling company to financial health. While the definition sounds straightforward, the real work goes beyond the restoration of balance sheets, profit-and-loss or positive cash flows. Every business has its own unique idiosyncrasies, internal politics and stakeholder pressures —

The definition of a Turnaround is a structured effort to restore a struggling company to financial health. While the definition sounds straightforward, the real work goes beyond the restoration of balance sheets, profit-and-loss or positive cash flows. Every business has its own unique idiosyncrasies, internal politics and stakeholder pressures —

In this episode of The Cut, the conversation dives deep into the hidden complexities of insolvency law and what every director, administrator, and shareholder needs to understand before making their next big decision. From a chickpea trading company that triggered a pivotal case to the misunderstood power of subordinated creditors,

In this episode of The Cut, the conversation dives deep into the hidden complexities of insolvency law and what every director, administrator, and shareholder needs to understand before making their next big decision. From a chickpea trading company that triggered a pivotal case to the misunderstood power of subordinated creditors,