Articles

Articles

Articles

Is it just and equitable?  Winding up your solvent company.

Is it just and equitable? Winding up your solvent company.

The concept of winding up a company when it is insolvent is well-documented and well understood by most companies and directors in Australia, however there are other routes that companies should be aware of where a liquidation may not be appropriate. Most notably, the...

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JobKeeper Scheme extended until March 2021

JobKeeper Scheme extended until March 2021

The economic lifeline for the Australian Workforce – what does this mean for business owners? What does this mean for the long-term viability of the business and potential future of that business in a post-COVID-19 world?  2020 certainly has been an unbelievably...

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Company directors now personally liable for unpaid super

Company directors now personally liable for unpaid super

A new law combating employer non-compliance with the Superannuation Guarantee (SG) scheme means greater potential personal liability, including criminal charges, for Australian company directors.  Effective 1 April 2019, the Treasury Laws Amendment (2018 Measures No....

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How to respond to a liquidator’s unfair preference claim

How to respond to a liquidator’s unfair preference claim

Liquidators issue unfair preference claims to ensure the equal treatment of unsecured creditors. Unfair preference claims arise where an unsecured creditor has received payment from a debtor company which is subsequently placed into liquidation. Unfair preference...

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