BRI Ferrier Adelaide Principal Andre Strazdins continues our weekly series of Insolvency Reforms for Small Business videos. This week, Andre discusses SME restructuring legislation in detail – how it will work, creditor impact, ipso facto, practicalities and what if...
Did you know that all new Directors now need a Director Identification Number? Take note – the Director Identification Number (“DIN”) system is now in place. This new system has been coming for some time, and the transitional arrangements have ended. All new...
Payment arrangements no longer part of the plan and appointment of a Small Business Restructuring Practitioner (SBRP) included. Director Penalty Notices The ATO suspended most overdue tax collection during the COVID-19 pandemic however, it has recently recommenced...
The introduction of the Small Business Restructuring laws on 1 January 2021 provides a new regime to save businesses which are viable but struggling coming out of the Covid-10 pandemic. The process is a debtor led restructuring, which means owners remain in control of...
BRI Ferrier Brisbane Principal Stefan Dopking continues our weekly series of Insolvency Reforms for Small Business videos. This week, Stefan discusses the Debtor and Possession model for SME restructuring and provides a practical example of what we have seen in the...
BRI Ferrier Townsville Principal Moira Carter continues our weekly series of Insolvency Reforms for Small Business videos. This week, Moira discusses anti-phoenixing laws & interactions with new SME restructuring legislation. These videos aim to provide small...