by Dan | Nov 4, 2014 | Accounting, Asset Management, Bankruptcy, Cashflow, Expert Article, liquidation |
We recently wrote about the effect of bankruptcy on jointly owned Real Property. When a joint owner of the property files for (or is forced into) bankruptcy, the trustee can ask the co-owner to either: purchase the bankrupt’s interest in the property join with the...
by Dan | Sep 22, 2014 | Accounting, Bankruptcy, Expert Article, liquidation, Recovery |
In times of economic distress, business models need to be challenged. We’ve seen this happen recently in the retail, manufacturing, engineering and mining services industries. In the Hunter Valley a number of mining services businesses are going through an intense...
by Dan | Aug 22, 2014 | Business Budgeting, Cashflow, liquidation, Recovery |
If someone is the director of a company placed into liquidation, they won’t necessarily be banned from acting as a director of another company. Why not? Because many companies are placed into liquidation because of circumstances beyond the director’s control. For...
by Dan | Jun 23, 2014 | Asset Management, Bankruptcy, Expert Article, liquidation, Recovery |
The days of large redundancy payouts due to employer insolvency may soon be over. In the 2014 Federal Budget, the government has announced a reduction to the Fair Entitlements Guarantee (FEG), which guarantees certain unpaid employee entitlements if their employer...
by Dan | Jun 5, 2014 | ATO, Bankruptcy, Expert Article, liquidation |
The benefits of using a discretionary trading trust for tax planning, concessions, benefits and asset protection are well established in today’s business accounting scene. Interposing a corporate entity as the trustee is becoming an increasingly common way to operate...
by Dan | May 2, 2014 | Asset Management, Bankruptcy, Business Budgeting, Cashflow, Expert Article, liquidation, Newsletter |
Businesses don’t go bad overnight. There are warning signs, usually well ahead of time. Experienced Directors and business advisors know this. They also know that when the signs of trouble are identified early and the corrective action is taken, there is a much better...
