Insolvency early warning signs checklist.

Recent law changes include cost efficiencies in restructuring or winding up a Queensland incorporated association.

Inconspicuous loan account hiding in the balance sheet can have significant ramifications on your client if the company requires insolvency assistance.

Can secured debts become statute barred? Discusses section 13 of the Limitations of Actions Act 1974 (Qld).

This article examines challenges to the entitlement of creditors in bankrupt estates to vote at meetings of creditors.

Discusses how dual insolvency appointments interact and impact creditors.

Liquidators look for any 'unreasonable director-related transactions', which can reduce assets available to creditors.

Article discusses how ASIC is concerned for the risk to consumers creating or exacerbating debt through new B-N-P-L options.

Directors should address compliance, cash flow & director loan issues early to improve chances of Small Business Restructuring approval by ATO.

This law, mostly additions to various pieces of existing law, makes a new effort to stamp out illegal phoenix activity.

Considerations from two SBR plans accepted by the ATO, as the sole or major creditor.

Article discusses recent out of the norm claims that emerged in the calling for proofs of debt process.

The government via its budget, has sought to overcome the recession's challenges by creating opportunities for business.

The general rule in bankruptcy is that a person's property, including the family home, vests in the bankruptcy trustee.

When a company enters Voluntary Administration, one of the administrator's first critical decisions is whether to continue trading the business. This decision involves careful evaluation of multiple factors including business viability, available resources, potential restructuring proposals, and the possibility of selling the business as a going concern.

The Federal government has ramped up its attack in the ongoing war on illegal phoenix activity perpetrators.

A bankrupt may be required to a contribute part of their income to their bankrupt estate under the Bankruptcy Act 1966.

A bankruptcy trustee or liquidator has some alternatives to ensure these matters are considered, and action is taken.

An outline of the main areas we believe business owners must consider during this festive season.

Subrogation is an important doctrine to ensure that your client's entitlements are protected.