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Business Insolvency

The team at Smith Hancock provides sound, practical and reliable advice with regard to all aspects of company insolvency.

Whether your company is a large multi-million dollar concern, or a smaller boutique style business, we can tailor a financial solution to suit your individual needs.   We bring a sensitive approach to crisis problem solving and dealing with management and staff issues, and you can trust our team to provide the best advice in a professional and timely manner.

For many businesses, we can deliver sound financial management strategies that will help you to continue trading and recover in the long term.  Our combined knowledge and understanding of business, legislation and finance enables us to identify the key issues and develop a plan for your company that sees liquidation used as the last resort.

Our services in the field of insolvency management include:
 
• Voluntary administrations
• Creditors Voluntary Liquidations
• Members Voluntary Liquidations
• Court appointed Liquidations
• Provisional Liquidations
• Receivership

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News & Updates

Covid-19 Safe Harbour Protection for Directors Read all
The Dangers of Lending to Loved Ones Read all
Impending Changes to the DPN and PPSR Update Read all
Recent criminal changes to the Director Penalty Notice Regime Read all
Gaol Time for Delinquent Company Directors / PPSR Update Read all
When is a Guarantee Not a Guarantee? Read all
Illegal Phoenix Operations & Determining Right to Income Read all
New & Proposed Legislative Changes Read all
Voidable Property Transfer & Director Liability Read all
Welcome to New Partner and Reforms to Insolvency Law Read all
ASIC Statistics and Enforcement Read all
Government Targets Foreign Investors with New Tax Legislation Read all
Dodgy Advisers – Watch Out! Read all
Steering the Ship onto Rocks: Directors Flouting Obligations Read all
From the Mining Boom to the Ideas Boom - What it All Means Read all
When is a Debt to the ATO Due and Payable Read all
ATO and Phoenix Activity Read all
Unreasonable Director-related Transactions & PPSA Update Read all
PPS and ASIC Prosecution Read all
Leases and Insolvency Read all
PPS Update Read all
Expansion of Director Liability Provisions (PAYG & SGC) Now Law Read all
Proposed Changes to Corporations Act (Phoenix Activity) and Taxation Act (Director Penalty) Read all
March 2012 PPSA Newsletter Practical Worked Examples Read all
Personal Property Securities Act ("PPSA") Now Law Read all
PPS Reform - Understanding Security Interests: Perfection and Priorities Read all
Tax Changes - Expansion of Director Liability Provisions Read all
Australian Taxation Office - Statutory Garnishee Notices Read all
Major Change to Registering Security Interests – Personal Property Securities Reform Read all
PDF 8 Essential Steps if Your Business is in Distress View
PDF ASIC Information Sheet: Insolvency glossary View
PDF Business for Sale View
PDF Directors Duties in Uncertain Financial Times View
PDF Guidance for Accountants in Public Practice: Helping Clients with Companies in Financial Distress View
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PDF Real Estate for Sale - Vineyard View
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