PAST ARTICLES

How to remove a Bankruptcy Trustee

How to remove a Bankruptcy Trustee

If you are a creditor of a bankrupt estate, you may not be happy with the steps taken by the Bankruptcy Trustee. This can include steps taken to ...

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....

Success Story: Settling Debts for a Property Developer

Success Story: Settling Debts for a Property Developer

Through our negotiations with creditors our client avoided liquidation and the risks involved. ...

Creditors – New laws for replacing a liquidator explained

Creditors – New laws for replacing a liquidator explained

Liquidators have a duty to act independently and in the best interests of the creditors of a company. However, creditors and liquidators may see things differently at times. But do creditors have the power to remove a liquidator, if they feel it’s warranted? If so, what is the process for removing a liquidator and getting another one appointed?...

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