by Collab Agency | 31 Mar 2023 | General
‘Am I personally insolvent?’ This is a question you may need to ask yourself when facing financial hardship. It’s a fair question too, given the definition of personal insolvency isn’t as clear cut as you might expect. Before you can begin answering the more complex...
by Collab Agency | 25 Aug 2021 | General
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...
by y0m3d1a | 2 Dec 2019 | General
When it comes to maintaining books and records, company directors have significant responsibilities, especially if there are issues about a company’s solvency. A recent case highlighted how important it is for directors to keep proper records. Insolvency case in...
