What we can do to give a Restructuring Company the best opportunity to survive
Readers might recall my article about the Small Business Restructuring Plan (“SBRP”) posted on our website on 23 February 2021.
https://www.jonespartners.net.au/insolvency-business-recovery-media-updates/blog/small-business-restructuring-plan/
In…
In Search of Melissa Caddick and the Missing Money
On 15th December 2020 Daniel Soire and myself were appointed Provisional Liquidators of Maliver Pty Ltd and Receivers to the property of Melissa Caddick by the Federal Court of Australia pursuant to an application by ASIC. The Caddick case continues to attract…
Small Business Restructuring Plan
There was a lot of publicity in the media recently that the Federal Government was introducing new insolvency law reforms effective from 1 January 2021. The reforms are designed to assist small business overcome the impact of the COVID-19 pandemic. These reforms…
Proposal to Reduce the Bankruptcy Period to 1 year
Readers may be aware that the Federal Government introduced measures which came into effect on 1 January 2021 to provide incorporated businesses (i.e., companies) with further options to deal with their financial position, particularly those that may have been…
To Plan or Not to Plan – How Much Are You Prepared to Risk?
By Bruce Gleeson and Mark Marlow
If you are ill or suffering pain, you are likely to go and see your doctor. The illness or pain will either not be too serious, and the doctor will prescribe a remedy, or it may be more serious but because you went to see…
What Business Owners Should Be Focused On Leading Into Christmas
It is that time of year again, Christmas is fast approaching. It is a happy time of year for most, however current issues aside (especially considering the impact on your Business this year of COVID-19) December and January can be very disruptive months.…
Insolvency Reforms to Support Small Business – Will You Be Eligible?
The Federal Government announced reforms in October 2020 aimed at assisting small business to restructure when they are in financial distress, which has been particularly evident during the Covid 19 pandemic. The reforms have been designed to reduce the complexity…
It doesn’t need to always end in bankruptcy?
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 if the individual had talked about…
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