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  • Article

    Which debts are extinguished in bankruptcy

    This article looks at which common debts are extinguished in a bankruptcy, and some which are specifically excluded.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Decision time: the administrator's role in deciding to continue business operations

    Stakeholders to understand the complexities and responsibilities involved in the role of a Voluntary Administrator.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Private lending - The current state of play

    This instalment of a private lending series explores the importance of developing a clear strategy for long-term funding.
    AustraliaFinance and Banking
    Worrells
    Worrells
  • Article

    Property market risks: 4 points for investor clients

    Investing in the property market is not without risk. Article provides 4 points that property investors should consider.
    AustraliaReal Estate and Construction
    Worrells
    Worrells
  • Article

    Personal insolvencies (bankruptcies) plummet

    AFSA released the personal insolvency statistics for the December 2018 quarter, which continued the downward trend.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Navigating COVID-19 and workplace laws

    Careful staffing scenario planning must start now, so businesses are prepared for when the Jobkeeper initiative stops.
    AustraliaEmployment and HR
    Worrells
    Worrells
  • Article

    Single Touch Payroll: the tightened grip of ATO on superannuation

    This should be seen as 'short term pain for long-term gain' - for peace of mind that employee entitlements are correct.
    AustraliaEmployment and HR
    Worrells
    Worrells
  • Article

    Assetless administrations assetless no more

    This article is about combating illegal phoenix activity with funding for liquidators.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Personal insolvencies fall to lowest levels in 20 years

    Although personal insolvencies were at their lowest level since 1996, recent challenges are expected to cause a rise.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Long term business survival

    Best practice in these four areas, or a focus on continual improvement, will do wonders to ensure business longevity.
    AustraliaCorporate/Commercial Law
    Worrells
    Worrells
  • Article

    Employees v contractors—where are we at?

    The written contract determines if a person is an employee or contractor, not post-contractual conduct.
    AustraliaEmployment and HR
    Worrells
    Worrells
  • Article

    Partnership Disputes and Court-appointed Receivers

    The role that court-appointed receivers can play in resolving partnership disputes, but also the financial implications for all parties involved.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    PPSA: Financiers new tactic to sidestep

    The PPSA may have succeeded in creating more uncertainty and difficulty than ever existed prior to its introduction.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Director guarantees and penalty notices during small business restructures

    If creditors agree to accept a restructuring plan providing a return of less than 100c in the $1, what happens to a director's personal exposure?
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Meeting with an insolvency expert to get the best options

    Company directors in financial distress should consult a qualified insolvency practitioner (a registered liquidator).
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Successful insolvency practitioners embrace tech

    Insolvency practitioners must embrace technology if they want to achieve the best outcomes for stakeholders and creditors.
    AustraliaLaw Practice Management
    Worrells
    Worrells
  • Article

    Other options to exit a failed business

    In this current economic climate, small business operators who see no future ahead, may still have options to consider.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    A new era of funding

    Private funding, as an alternative to traditional lending, will continue to grow in the aftermath of the royal commission.
    AustraliaFinance and Banking
    Worrells
    Worrells
  • Article

    Private lending—The current state of play 2020

    Experts predict an increase of activity in the area of private lending and capital raising for distressed companies.
    AustraliaFinance and Banking
    Worrells
    Worrells
  • Article

    Income contributions in bankruptcy

    The bankruptcy trustee assesses a bankrupt's income - actual for the past 12 months and expected for the next 12 months.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells

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