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About Us Services
Company Insolvency Restructuring & Safe Harbour Members Voluntary Liquidation Personal Insolvency & Bankruptcy Section 66G Trustee Appointments Special Purpose Appointments Exit Planning Recovery Assistance to Financiers FAQ
Resources Assets for sale Key Cases
Melissa Caddick Michael Pryde 4% Percent Club
News
Blog Newsletter Video and Podcasts Media Release FAQs Case Studies
Contact Us

Month: October 2020

It doesn’t need to always end in bankruptcy?

October 27, 2020

by Bruce Gleeson Over the twenty-five (25) years that I have been advising individuals who have been in some form of financial difficulty, I believe between 15-20% of those bankruptcies to which I have been appointed could have been avoided […]

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Bankruptcy & Self Managed Superannuation Funds – will you be able to continue to manage it?

October 27, 2020

By Daniel Soire Many individuals, in particular business owners, are now choosing to control the destiny of their superannuation through the use a Self Managed Superannuation Fund (“SMSF”). The Australian Taxation Office (“ATO”) statistics suggest that there are now more […]

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Should I transfer the family home – Beware!!

October 27, 2020

by Daniel Soire We are continually surprised by individuals who transfer ownership of their property (usually the family home) to a co-owner or family member for no consideration or for consideration of less than market value who when they subsequently become bankrupt think that […]

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Bankruptcy & Superannuation: Look Before You Leap

October 27, 2020

by Daniel Soire Individuals facing financial difficulties may think that making lump sum payments into their superannuation fund means that those funds will be “protected”’ in the event of the individual subsequently declaring bankruptcy. This misguided belief is because in […]

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Changes to Temporary Insolvency Relief for Directors

October 21, 2020

Recently, the Federal Government extended the temporary relief measure for insolvent trading until 31 December 2020 to provide businesses with further support during COVID-19.  What does not appear to be well understood is exactly how such temporary relief has been […]

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Temporary Relief for Directors Personal Liability for Trading Whilst Insolvent

October 20, 2020

Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence to trade through Covid-19.

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COVID-19 – TEMPORARY RELIEF MEASURES

October 20, 2020

On 22 March 2020 the Government announced temporary relief for financially distressed companies, to help businesses get to the other side of the Coronavirus crisis. These provided a regulatory shield for businesses as part of the hibernation strategy.

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Temporary Relief for Directors Personal Liability for Trading Whilst Insolvent

October 7, 2020

by Bruce Gleeson Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence to trade through Covid-19. One such important […]

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