Recapitalisation involves a change to the company’s capital structure and it may involve the exchange of shares for bonds or vice versa. Recapitalisation is often done by companies who are in the midst of bankruptcy proceedings.
Topics: Turnaround & Restructuring, Business Debt, small business restructuring
When employers don’t comply by PAYG and Superannuation payments, they’re served a Director’s Penalty Notice. Laws governing employer contribution have been tightened and those who do not fulfill their legal obligations are pursued by the authorities.
Topics: Tax Debt, Business Debt, Personal Debt
For all company’s operating in our unstable modern economic landscape, it is vital to understand the differences between liquidation, administration and bankruptcy – before making any financial decisions.
Topics: Bankruptcy, Company Liquidation, Voluntary Administration, Business Debt, Liquidation
This article discussions several questions you should consider asking while going through your search for business insolvency advice. There are many solutions out there, you just need to find the most ideal one for your financial situation.
Topics: Director Advice, Turnaround & Restructuring, Business Debt, small business restructuring
The recent Dick Smith company insolvency case provides a prime example of what can occur when business finances are inappropriately managed.
Topics: Company Liquidation, Voluntary Administration, Business Debt