Insolvency
Our insolvency expertise
Our insolvency team has the expertise and experience to assist
our clients in dealing with the often complex legal and commercial
issues that arise in the context of corporate insolvency.
We provide practical, accurate and timely legal advice to our
clients in the lead up to, and during, all forms of corporate
administrations.
Our insolvency experience
We have acted for a broad range of clients in insolvency
matters, including insolvency practitioners, creditors, companies,
directors and employees.
Below is a brief outline of some of the ways in which we have
helped our clients.
Insolvency practitioners
- advice regarding voidable transactions, breaches of directors
duties and insolvent trading
- attending meetings of creditors
- assisting with liquidators' examinations
- conducting winding up proceedings and proceedings to recover
funds from directors and related entities
- documentation of the sale of company assets.
Creditors
- advice about recovery options from financially distressed
corporate entities and groups
- representation at creditors' meetings
- statutory demands and winding-up proceedings
- proceedings against directors for breaches of duties and other
creditors to recover unfair preferences.
Directors and companies in financial trouble
- providing asset protection advice
- representation at ASIC public examinations
- advising company directors (both public and proprietary) about
their rights and obligations in the context of external
administrations
- negotiations with external controllers
- applications to set aside statutory demands where the debt is
genuinely disputed.
Employees
- independent representation at examinations
- advice to unions about employee entitlements and their
protection in insolvency situations.
We can help you
If you are looking for advice regarding insolvent corporations
or companies in financial trouble, contact legal experts Steven Harris or Lily Nguyen.