Insolvency

Compliance

Dealing with a company in liquidation or administration is daunting, creditors often uncertain of their rights and whether they will be paid

Insolvency professionals also face a high compliance burden when they taken an appointment, needing to be across complex and changing legislation


We help creditors dealing with insolvent companies. Advising them on their rights

We help insolvency professionals, advising them on their compliance obligations


Creditors Compliance

We advise creditors on the steps they need to take to participate in liquidation and administration meetings, including completing proxies and attending creditors' meetings

We also advise creditors on their rights in dealing with the liquidator or administrator at creditors' meetings


Proxies

We advise creditors on their rights to vote at creditor meetings by proxy and their general and specific voting rights.

Creditors Meetings

We advise creditors on their rights at liquidation and administration meetings, including preparation of proxies and advice as to voting rights.

Committees

We advise creditors on their right to become part of creditor committees and how they can have oversight of the liquidator or administrator

Administrator Compliance

We advise administrators on their compliance obligations when a company is under voluntary administration and when it is subject to a deed of company arrangement.

We work with administrators on compliance procedures relevant to their VA and DOCA appointments.


Creditors Meetings

We advise administrators on their obligations when dealing with creditors at first and second meetings and work on compliance procedures relevant to those meetings.

Deeds of Arrangement

We advise administrators on deed proposals and what steps need to be taken so a DOCA is effectuated. We also work with them on compliance procedures relevant to DOCAs.

Report

We help administrators meet their reporting obligations, whether it is to creditors to decide the company's future or reporting to ASIC. We work with the administrator on compliance procedures relevant to those reporting obligations.

Liquidator Compliance

We advise liquidators on their compliance obligations when a company is in creditors' voluntary liquidation or court liquidation.

We work with liquidators on their compliance procedures relevant to those appointments.



Investigations

We help liquidators assess legal claims and recoveries, so they can increase creditor returns. We work with liquidators on their compliance procedures relevant to investigations




Reporting

We help liquidators with their statutory reporting obligations, whether it's notifying ASIC of director misconduct or updating annual lodgments. We work with liquidators on their compliance procedures relevant to statutory reporting


Creditor Meetings

We advise liquidators and on their rights in dealing with creditors at creditor and committee meetings. We work with liquidators on their compliance procedures relevant to those meetings.