31 August 2022
How small business restructuring is helping SME businesses
The Small Business Restructuring process is a relatively new formal restructuring process under the Corporations Act which allows a small business to formally restructure its debt whilst the directors stay in control of the business.
1 July 2022
Signs and indicators of insolvency
COVID support measures created a false level of comfort around mounting debts. With continued economic pressures on small business, now is the time to assess ongoing business viability.
2 May 2022
Transferring funds out of superannuation before bankruptcy
Acting without proper advice when facing financial difficulties can result in great costs, as was the unfortunate situation in a recent bankruptcy matter involving a transfer out of super prior to bankruptcy.