Since the Personal Property Securities Act 2009 (PPSA) came into effect on 30 January 2012, we have seen an increase in creditors attempting to establish themselves as ‘secured’ creditors under the Unfair Preference regime, by way…
Now is the time to Restructure
The COVID-19 pandemic has presented enormous challenges for businesses, both big and small. Federal and State Governments have tried to meet those challenges through the introduction of various stimulus packages aimed at assisting businesses that are…
COVID-19 Bankruptcy Changes – You still have options!
As part of the Federal Government’s COVID-19 relief package, the time for compliance with a bankruptcy notice (and creditor’s statutory demands for companies) has been extended from 21 days to six months. This extension of time…
Can I get out this Contract because of COVID-19? There are options!
The pandemic of COVID-19 has caused major disruption to the global economy at an unprecedented pace. As a result, businesses are struggling to meet contractual obligations, causing a harmful domino effect. You do not need to…
Adapt. Change. Survive.
Adapt. Change. Survive. The world is faced with incredibly uncertain and tragic times as a result of the Covid-19/Coronavirus pandemic. This will be a global tragedy as many people have already sadly died or lost their…