Our insolvency team has significant experience dealing with, and on behalf of, insolvency practitioners, companies and individuals in financial distress.
Our experience extends to:-
Advice to Directors and their obligations pursuant to the Corporations Act.
Restructuring and business reorganisation including options for a potential restructure of any business and ensuring directors are acting in accordance with their duties and any proposed restructure is lawful.
Asset Protection. Advising on structures that are effective from an asset protection point of view at the outset and before any business is conducted.
Advice to creditors including in respect of lodging a formal proof of debt for issues concerning the insolvency administrations.
Personal Insolvency and Debt Agreements.
We also regularly act on behalf of insolvency practitioners in respect of the following:
Preferential payment claims;
Insolvent trading claims;
Deeds of Company Arrangement;
Advice to liquidators on matters that arise;
Lodging of caveats and debt recovery; and
Any other advice that liquidators may need in respect of the administration of a corporate insolvency.