Our Insolvency & Bankruptcy team of lawyers understands the importance of early intervention, prompt advice and action when it comes to the financial distress of a business or an individual.
We take a collaborative approach, working with you and your financial advisors, to develop a carefully tailored plan to assist in solving your problems.We pride ourselves on our ability to present our advice in clear and simple language.
We can assist with the following:
Corporate insolvency and administration
Shareholder actions to wind up corporations
Helping individuals who are declared bankrupt, have been threatened with bankruptcy or are considering voluntary bankruptcy
Acting for receivers, liquidators and trustees in bankrupt estates
Acting for businesses in negotiating with their banks and or creditors to avoid liquidation
Defending directors in claims of insolvent trading and other fallout from a corporate collapse
Expertise
Successfully defending a claim for unfair preferences and insolvent transactions in the liquidation of a company on behalf of a corporate client.
Assisting a client to appeal the rejection of a proof of debt claim (totalling over $1.5 million) in the liquidation of an insolvent trade creditor.
Pursuing claims for unfair preferences and insolvent transactions on behalf of liquidators.
Drafting a Deed of Company Arrangement on behalf of administrators to permit a company to continue trading and returning a better outcome to trade creditors, while avoiding a winding up action commenced by the Australian Taxation Office.
Advising insolvency practitioners in relation to unfair preference payments and conducting court proceedings to recover same
Assisting clients with personal bankruptcy queries, including negotiating with the bankruptcy trustee, creditors, financial institutions and the Australian Taxation Office.