Insolvency & Bankruptcy

In today’s ever changing business climate, corporate collapse is always a risk. As demonstrated in recent high-profile administrations, the effects are often multi-jurisdictional, complex and long lasting. SLF Lawyers’ Insolvency practice is at the forefront of this evolving area of law. Our team delivers commercially relevant advice to businesses of all sizes, insolvency practitioners and individuals.

We also provide advice to both company directors and insolvency practitioners in relation to their respective roles, powers, obligations and functions.

In some circumstances, it may be possible to avoid the more formal avenues mentioned above by considering private and corporate restructuring to manage the risks. In collaboration with a client’s accountant or financial advisor, SLF Lawyers can assist in restructuring its business or, in circumstances of an individual, their personal financial affairs.

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SLF Lawyers can assist in more formal insolvency procedures and actions such as:

• Voluntary Administrations
• Deeds of Company Arrangement
• Receiverships (private and Court appointed)
• Creditors’ Voluntary Liquidations
• Court Liquidations
• Provisional Liquidations
• Drafting and advice on various simple and complex commercial agreements
• Insolvent trading claims
• Voidable transactions
• Advising on breach of directors duties
• ATO litigation
• Involvement in dispute resolution with competing secured creditors
• Debtors Petitions
• Personal Bankruptcy
• Personal Property Security Act