Managing Insolvency and Legal Disputes Understanding corporate litigation, liquidation, and insolvency procedures is crucial for business directors and stakeholders facing financial difficulties or legal disputes. This comprehensive guide covers litigation management, insolvency options, liquidation processes, and statutory requirements that affect Australian companies. Whether your company faces litigation threats, insolvency concerns, or requires guidance on liquidation...Read More

What happens when a lessee walks away from a lease? Lease abandonment occurs when a lessee walks away from their rental agreement without proper termination procedures. Understanding abandonment consequences is crucial for both lessors and lessees in NSW property law. Understanding Lease Abandonment and Its Consequences A lease terminates on abandonment by the lessee. However,...Read More

Liquidation, also known as “winding up”, occurs when a company becomes insolvent, meaning it cannot pay its debts when they fall due. The liquidation process involves appointing a registered liquidator to take control of the company, sell its assets, and distribute the proceeds to creditors. Whether you’re a company director, creditor, or stakeholder, understanding how...Read More

Navigating Insolvency & Bankruptcy When you or your business is unable to pay its debts, or when debts become unmanageable, there are legal avenues available to manage or resolve the situation. For businesses, insolvency can lead to winding up of the company, voluntary administration, liquidation, or other formal insolvency procedures where an external administrator is...Read More