Failure to comply with a Section 139ZQ notice can attract a maximum criminal penalty of six months' imprisonment.

The AICD survey is a snapshot of directors' views on the economy, business, regulation, governance and government policy.

This new regime aims to better identify director involvement in unlawful activity, such as illegal phoenix activity.

A DOCA is a formal agreement between a company and its creditors, a blueprint for how to manage and satisfy its debts.

Prepare for the unexpected. High level overview of what should be considered in a business disaster recovery plan.

Entering into an ATO payment arrangement will not mitigate any potential insolvent trading claim.

A bankruptcy trustee has several powers and options to claim against a typical family trust or otherwise recover funds.

While more expensive than voluntary registration, a MVL is a relatively inexpensive process that minimises risk.

Discusses risks including ineligible for FEG, limited priority, inadequate qualifications and director duties & liabilities.

Navigating a company liquidation is a process fraught with complexity. One of the most frequent points of contention is the recovery of company-owned assets.

Australian Law Reform Commission is inquiring into class action proceedings and third party litigation funders.

Directors should proceed cautiously when negotiating a payment plan after a non-lockdown DPN has been issued.

Training & experience in managing the mental health impacts of insolvency situations is also key for insolvency professionals.

What is the peak indebtedness rule? The PI rule is now abolished. Where to from here?

The Bankruptcy Act provides powerful tools for individuals to restructure their personal financial affairs.

As part of Qld building industry fairness reforms, new laws strengthen the minimum financial requirements for licensing.

ASIC moved quickly to announce that it is committed to fully implement each of the 12 recommendations directed at it.

Parliament has passed legislation to establish the CSLR, with operations intended to commence in April 2024.

Corporate insolvency appointments have remained well below long-term averages through the first five months of 2021.

Know your rights is the issuer of a gift certificate becomes insolvent.