Safe Harbour for financially distressed companies – Webinar

Simon Cathro

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.

Turnaround – What Is It?

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 —

Insights into Unique Court Decisions, with Pavlos Stavropoulos, Senior disputes and insolvency solicitor at Addisons

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,

Boardroom blind spots and cost-of-living squeeze drive wave of business failures

While construction continues to dominate Australia’s insolvency landscape, new analysis by Cathro & Partners shows that hospitality and healthcare are now emerging as the next major pressure points, revealing that the nation’s business failures are deepening beyond traditional sectors. Drawing on ASIC insolvency filings and Australian Business Register (ABR) company