This court appointment is an option available to CTS lot owners to terminate a property venture when owners cannot agree.

By adopting what big companies do, SMEs will get more certainty and stability along with a competitive advantage.

January is the ideal time for owners to review cash-flow budgets and set realistic expectations on future cash flows.

The ATO gets positively involved with small business restructuring plans to achieve the best result for all concerned.

The Bankruptcy Act prescribes that the 3-year bankruptcy period does not commence until a Statement of Affairs is filed.

Article defines void transactions in bankruptcy and discusses the effect they have on creditors. .

This legislation aims to reform the Debt Agreement system and to provide greater protection for debtors and creditors.

Applying for bankruptcy in Australia is far more straightforward than many people realise.

A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.

The ATO indicates debt collection procedures will accelerate, as a "soft communication process" with business tapers.

Shareholders have several options available to resolve disputes, address their concerns and protect their interests.

New requirement that directors must report their superannuation within 28 days instead of 3 months from the end of each quarter.

Article discusses how the VA process can minimise a director's exposure to a personal guarantee debt.

Powers available to the bankruptcy trustee ensure that recoveries for the bankrupt estate's creditors are maximised.

Instead of paying for advice from a specialist, this man wasted years in bankruptcy and paid much more than he had to.

There are formal insolvency options to do this, a Small Business Restructure ("SBR") or Voluntary Administration ("VA").

Section 588FGA and personal liability of directors for preference payments.

Last-minute asset protection strategies are rarely effective, so consider asset protection from the start of a venture.

A chargeback is a reversal of a credit or debit card transaction initiated by the cardholder's issuing bank.

Directors should carefully consider the potential risks and consequences before engaging in pre-appointment transfers of assets.