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Category: Restructuring & Insolvency

July 30, 2024

30:7:24y of LinkedIn Post (Madison Marcus)

Beyond the Brink: Rebuilding Success After Insolvency in Construction

In the past financial year, nearly 3,000 building companies in Australia have gone into liquidation. This alarming statistic, highlighted in a recent article by the Australian Financial Review, is a...

June 6, 2024

Restructuring & Insolvency

Understanding & Managing Insolvency: Essential Guide for Businesses

Discover how insolvency can impact your business and learn about the options available to manage financial distress, including voluntary administration and liquidation. Madison Marcus provides expert guidance to help navigate...

August 1, 2023

Restructuring & Insolvency

6 Signs Your Business Is Insolvent

Running a business is no small feat, especially in a fast-paced and ever-changing economic landscape. If you are an Australian entrepreneur, you know firsthand the excitement and challenges that come...

May 28, 2023

Restructuring & Insolvency

How To Avoid Insolvency in Your Construction Company

Australia’s construction industry is a significant contributor to the country’s economy, generating jobs and growth across the nation. However, the industry is also known for its financial volatility, with many...

May 25, 2023

Restructuring & Insolvency

What Is the Limitation of Liability in Construction Contracts?

In the construction industry, disputes and claims arising from projects can cause significant financial and reputational damage to all parties involved. As a business owner, you may be familiar with...

April 9, 2022

Restructuring & Insolvency

Hiring The Right Insolvency Lawyer In Sydney

Unexpected things may happen when managing a business or handling your own finances. You can run into troubles that might impact your cash flow or budget and may cause you...

September 28, 2020

Restructuring & Insolvency

Big news for struggling small businesses

Last week, the Federal Government announced proposed changes to corporate insolvency laws designed to help boost the survival rate of small businesses. The proposed changes would take effect from 1...

April 16, 2020

Updates

COVID-19 CRISIS: CREDITOR’S STATUTORY DEMANDS – COURT DECISION POTENTIALLY CATASTROPHIC FOR CREDITORS.

In the current COVID-19 climate, with so many businesses facing hardship and insolvency, many businesses and individuals are looking for ways to recoup monies owed and keep their own businesses...

March 23, 2020

Updates

Can I get paid now? The Pros and Cons of the proposed Insolvency Amendments in response to the COVID-19 Crisis

In order to combat what would seem to be a quick snatch and grab at debts, the Federal Government has announced as part of its stimulus package, that it proposes...

March 19, 2020

Updates

How to protect the health of your business during the COVID-19 Crisis

In the same way that we are all looking to solutions to keep our society protected, there are special measures that many businesses can take to ensure that they ultimately...

March 9, 2020

Updates

Restructuring E-alert Coronavirus blog image

Restructuring your business to deal with a crisis.

In view of the recent bush fires and coronavirus (COVID-19) disruption to markets across the world, business owners need to reassess their short term and medium term restructuring needs.

February 21, 2020

Updates

Directors Beware ASIC and Liquidators enhanced new powers to combat Company Phoenixing

Directors Beware - ASIC and Liquidators have enhanced new powers to combat Company Phoenixing

Company Directors need to ensure that they are aware of and compliant with the new Illegal Phoenixing Laws that were introduced this week. The new phoenix offences will prohibit creditor-defeating...