In Australia is the economy as robust as some economists would have us think?

Whilst interest rates in Australia are at historic lows and we remain in relatively good financial shape when compared to other Western Economies, what lies beneath needs to be understood.… Read More

Superannuation a useful way to protect personal assets of individuals

Asset ProtectionIt is true that superannuation funds are ordinarily protected property in the event that an individual becomes bankrupt.  There is however and exception to this general principle where a superannuation … Read More

Protecting Inherited Personal Assets In the event of Bankruptcy

Protecting Inherited  Personal Assets In the event of Bankruptcy

One issue that frequently arises in relation to the administration of bankrupt estates is the difficulty of the bankrupt being a beneficiary under a Will.

Divisible property is defined broadly … Read More

Asset Protection for Directors and Business Owners


Antecedent transactions

Business owners are often anxious about what might happen to their private assets should their business runs into difficulties and ultimately fail.

Many individuals contemplate transferring private property … Read More

Personal Insolvency – A Potted Summary

Personal Insolvency – A Potted Summary
Introduction

In Australia the Personal Insolvency regime is governed by the Bankruptcy Act 1966.  This is a Federal Act of Parliament and contrary to … Read More

ATO – Insolvency and the Tax Man Jekyll & Hyde

The title of this paper is named after the character created by Robert Louis Stevenson commonly known today as “The strange case of Dr Jekyll and Mr Hyde”.  The Jekyll … Read More

President’s Award


 

Business Recovery Specialists Jones Partners Receives Prestigious President’s Award From Civil Contractors Federation of Australia (NSW) Branch

On the 16th November, 2012 I received a coveted award from … Read More

Ponzi Scheme

Overview
In the 1920’s an Italian emigrant in the United States by the name of Charles Ponzi perpetrated a number of frauds against fellow Italians emigrants in the Boston area … Read More

Phoenix Fire Reignites

The Phoenix Fire Reignites

Over recent years there has been growing concern about the increasing level of the so calledPhoenixactivity in relation to the use of the corporate entity.  The … Read More

The Insolvency Trap

Why Company’s fail

It is very clear from statistics produced by the ASIC that the vast majority of companies fail as a result of poor strategic management.  Other reasons provided … Read More