We can assist with:
We regularly provide advice and act for insolvency practitioners to recover monies and assist with the liquidation of companies and the administration of bankrupt estates.
Our Insolvency Team is headed by an Accredited Specialist in Commercial Litigation. Our Lawyers have extensive experience representing clients in a wide variety of insolvency claims and have an excellent reputation for obtaining successful and quick outcomes.
Our Insolvency Litigation Lawyers service clients in Newcastle, Sydney and across NSW.
We understand that funds aren’t always available for recovery actions and that often there is no prospect of paying a dividend to creditors unless a recovery can be achieved by a Lawyer acting on a contingent fee basis.
We regularly assist insolvency practitioners in these circumstances.
Under the ATO’s Director Penalty regime company Directors can be personally liable for company obligations. The Director Penalty regime applies to unpaid “PAYG” withholding amounts and Superannuation Guarantee Charge “SGC” obligations. The effect of the Director Penalty regime is that if a company of which a person is a Director fails to ensure that the […]
On 19 September 2017 amendments, to the Corporations Act 2001 commenced which create a “safe harbour” for Directors to protect them from personal liability for debts incurred by an insolvent company in certain circumstances. Why the need for Safe Harbour Prior to the amendments, the provisions of the Corporations Act governing corporate insolvency focused on the need […]
The appointment of a Liquidator to wind up a Company that is unable to pay its debts is a significant enforcement option and equivalent with Bankruptcy for individuals. The appointment of a Liquidator means that all assets of the Company come under the control of the Liquidator including any loans owing from Directors or Shareholders […]
Call us on 1300 553 343 or fill out the form below. We will arrange for one of our Solicitors experienced in the area of law relevant to your case to contact you to evaluate your case obligation free.
Call us on 1300 533 343 or fill out the form below to arrange a Fixed Fee Smart Start Consultation with one of our Family Lawyers.
