Insights

Lander & Rogers acted for the winning trustees in bankruptcy in Jess v McNiven, in the matter of McNiven (No2) [2022] FCA 446.

Although the predicted 'tsunami' of insolvencies hasn't occurred, businesses should remain vigilant as to the financial wellbeing of their suppliers and customers.

The Federal Government has hailed its recent Exposure Draft legislation to introduce a formal debt restructuring process for micro and small-to-medium companies as an adoption of US-style Chapter 11 bankruptcy...

The Federal Government is departing from the current 'one size fits all' approach in Australia's insolvency regime in anticipation of an insolvency tsunami caused by the COVID-19 crisis.

The Federal Government’s proposed 'insolvency reforms to support small business' are widely reported – the biggest headline being the adoption of a US-style 'debtor in possession' model.

In the last 24 hours, the Treasurer has announced the Federal Government's plans to significantly reform the insolvency regime for small businesses, with new laws to take effect from 1...

The current difficult trading conditions caused by COVID19 restrictions will inevitably lead to insolvencies and the forced sale of assets. This is unfortunate for the business affected but also creates...

One of the little frustrations of practising as a corporate insolvency lawyer is when the media, mainly, misdescribe the type of insolvency mechanism being utilised by a company to manage...

Notwithstanding the Federal Government's recent extension of the insolvent trading moratorium to 2021, talk of insolvencies and distressed assets is everywhere.

In August 2020, we wrote about the approaching end to the Federal Government's moratorium on the initiating steps that a business can take to recover debt from another business through...

The COVID-19 global pandemic has without a doubt caused significant social and economic disruption, with many businesses struggling to maintain 'business as usual'. With the situation continuing to evolve, and...

We believe some potentially difficult conversations have to happen among Australian business people over the next six weeks or so about debt, which will be critical to their business relationships...