Corporate Insolvency and Restructuring

Companies can face insolvency for a number of different reasons not all of which need be fatal to the business.

When the underlying business is still viable, options usually exist to restructure the business via a new entity. But don’t delay, the sooner you act the better off you will be.

Overview

If your business is suffering financial hardship or insolvency because of the collapse of a major customer, litigation or poor planning or management, the timely implementation of restructuring strategies will give the business a second chance at success and reduce the risk of personal liability.

The earlier you act, the greater the prospects of a successful restructure.  Don’t wait  until you receive one of the following to discuss your options:

  • Statement of Claim,
  • Statutory Demand,
  • Notice for a Secured Creditor, or
  • ATO Director Penalty Notice.

Call now to discuss your options with an expert Insolvency & Restructuring