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PAST ARTICLES

Insolvent Trading Moratorium Extended

Insolvent Trading Moratorium Extended

As part of the Federal Government's COVID-19 Measures, it introduced a moratorium regarding trading a business while insolvent, this has been extended to 31 December, but not without conditions. ...

Federal Government Releases Proposed Small Business Restructuring Legislation

Federal Government Releases Proposed Small Business Restructuring Legislation

The Federal Government has now released draft legislation for small business restructuring being the Corporations Amendment (Corporate Insolvency Reforms) Bill 2020....

Simplified liquidation process; How does it work and what will it cost

Simplified liquidation process; How does it work and what will it cost

The simplified liquidation process is intended to reduce the cost of liquidation and maximise the return to creditors. In this article we look at how the process will work and what it will cost....

Covid-19 Insolvency Protection Extended

Covid-19 Insolvency Protection Extended

Temporary protections afforded to insolvent individuals and businesses during COVID-19, were due to expire at the end of Septemeber 2020, these have now been extended until 31 December 2020. ...

How will Small Business Restructuring to Avoid Liquidation Work

How will Small Business Restructuring to Avoid Liquidation Work

We explore how the Federal Government's new proposal for small business restructuring to avoid liquidation will work in practice. ...

Coronavirus Business Disruption – Rent Relief Negotiations

Coronavirus Business Disruption – Rent Relief Negotiations

At the moment, some businesses will need further rent relief from their landlord in addition to that which is mandatorily prescribed. And this is where Pearce & Heers is here to help....

Proposed New Small Business Restructuring Process

Proposed New Small Business Restructuring Process

The Federal Government has proposed a new, simplified small business restructuring process for eligible small businesses....

Options for Insolvent Businesses When JobKeeper Ends

Options for Insolvent Businesses When JobKeeper Ends

We look at what options are available if your business is facing difficulties paying its debts after JobKeeper ends....

Success Story: Settling Personal Guarantee Debts to Avoid Bankruptcy

Success Story: Settling Personal Guarantee Debts to Avoid Bankruptcy

We can help negotiate a settlement of a personal guarantee debt if you are being pursued for the debt....

When Is Liquidation The Best Option For Your Company?

When Is Liquidation The Best Option For Your Company?

We look at the key issues of company liquidation, including circumstances where it is beneficial for a company to be placed in liquidation....

Post Covid-19 Business Restructuring – Voluntary Administration vs Legal Phoenix

Post Covid-19 Business Restructuring – Voluntary Administration vs Legal Phoenix

Many businesses have been significantly impacted by the Covid-19 pandemic. This may have resulted in them accruing unpayable debts, such as tax debts. A lot of these businesses will return to profitability, however, it may not be enough to pay off the unpaid debts they have incurred. ...

Company Liquidation – Risks for Directors Part 3

Company Liquidation – Risks for Directors Part 3

Part 3 of Company Liquidation – Risk for Directors. Covering Insolvent Trading and ASIC Director Banning....

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