STEPHEN ROBERT DIXON IN HIS CAPACITY AS VOLUNTARY ADMINISTRATOR OF RON CROUCH TRANSPORT PTY LTD (ADMINISTRATOR APPOINTED) (ACN 002 187 046)
ORDER JUDGE: Justice Longbottom DATE OF ORDER: 29 December 2025 WHERE MADE: Sydney THE COURT ORDERS THAT: Date orders authenticated: 29 December 2025 Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011. Schedule No: NSD2410/2025 Federal Court of Australia District Registry: New South Wales Registry Division: General Interested […]
Small Business Restructuring Case Study – Mining Services
Background Stephen Dixon of HM Advisory was appointed as the Restructuring Practitioner for a specialist mining services company providing non-destructive testing (NDT) and auditing services to the oil and gas industry. The company also offered training courses in NDT; however, these courses had historically operated at a loss and diverted resources from the company’s core, […]
Insolvent Trading: What it is and How to Prevent it
Insolvent trading is one of the most serious risks faced by a company carrying the potential for substantial civil and criminal penalties. When a business continues to incur debts while unable to meet existing financial obligations, directors may be held personally liable. In this article, we explain what insolvent trading is, outline the risks involved, […]
Small Business Restructuring Case Study Crane Labour Hire Company
Stephen Dixon of Hamilton Murphy Advisory was appointed as the restructuring practitioner for a Victorian based crane and crane labour hire company.
Common Insolvency Warning Signs
The Corporations Act 2001 defines insolvency as a state of being “not solvent” or, more accurately, as the incapacity of a person or entity to be able to pay their debts as and when they become due and payable. Realistically, insolvency is often preceded by various warning signs well before the technical definition. However, many […]
Personal Exposure in a Small Business Restructure
As anyone keeping up with the news will know, insolvencies over the past two quarters have repeatedly reached record highs across various industries. Whilst this trend is likely to persist in the near future, we at Hamilton Murphy Advisory have found a silver lining in the growing number of clients opting to engage our services […]
Insolvency Outlook for FY 2025
Tadhg Schultz, Accountant It’s no secret that Australia is experiencing an increasingly precarious economic outlook. Headlines throughout the last financial year (“FY”) have been filled with reports of increasing rates of corporate insolvencies. The Australian Securities & Investments Commission (“ASIC”) has reported that as of 2 June 2024 nearly 10,000 companies had entered a form […]
Back to Basics: Personal Insolvency
With the rising cost of living and increased rates of insolvency across Australia, it’s come as no surprise that we have seen more enquiries with respect to Personal Insolvency options for their clients. To assist, we thought we’d go back to basics and provide you with an overview of Personal Insolvency options as well as […]
What is a Section 73 Composition?
People commonly misconceive that once filing for Bankruptcy, there is nothing more they can do about improving their financial position until they have been discharged from bankruptcy. However, Bankrupt’s can consider annulling their bankruptcy by putting forward a Section 73 proposal to their creditors. A typical Bankruptcy period lasts for three (3) years and one […]
How to Talk to Your Client About Insolvency
How to Talk to Your Client About Insolvency – A Guide for Advisers As Insolvency practitioners, one question we are often asked by advisers is: “How do I discuss insolvency options with a client who is in financial trouble?”. As any registered liquidator will tell you, acting early, at the first sign of financial trouble, […]