When Should Directors Speak to a Registered Liquidator?
This article is for directors of financially distressed or potentially insolvent companies. An insolvent company cannot pay its debts as and when they fall due.
Negotiating ATO Debt Through a Formal Restructure
If your business is carrying significant ATO debt, you may have more options than you think.
Understanding Bankruptcy – How Will Bankruptcy Affect Me?
The decision to declare Bankruptcy in Australia is a pivotal financial decision, offering a path to a “fresh start” for individuals struggling with excessive debt.
Federal Court of Australia: Practice Note on the Use of Generative Artificial Intelligence
The Federal Court has issued the first Practice Note dedicated to the use of Generative Artificial Intelligence (‘GenAI’) in court proceedings.
MEDIA RELEASE – HM Advisory successfully concludes the Administration of Derrimut 24:7, paving the way for a strong future under new ownership.
HM Advisory is pleased to confirm the successful completion of the Voluntary Administration process for Derrimut 24:7, one of Australia’s most recognised fitness brands
Administrator Appointed to Frameless Glazing Systems Pty Ltd: Insolvency Update Australia
Stephen Robert Dixon as Voluntary Administrator of Frameless Glazing Systems PTY LTD (Administrator Appointed) (ACN 108 033 825) and Core Toughened PTY LTD (Administrator Appointed) (ACN 129 348 670) and DGU Co. PTY LTD (Administrator Appointed) (acn 646 520 327) and Saremach PTY LTD (Administrator Appointed) (ACN 118 400 730) View Court Order […]
Deregistering Your Company – A Warning for Directors
When a business is no longer trading and the paperwork, fees, and obligations keep piling up, deregistering a company can look like a clean exit. A simple form, a small ASIC fee, and the company disappears from the register. On the surface, it feels like closure. But for directors, deregistration of a company is a […]
Insolvent Trading: What It Is and How to Prevent It
Most businesses don’t fail because of one bad decision. They unravel through a series of late payments, cash flow stress, and the belief that tomorrow will fix today. But under Australian law, timing matters. Continuing to trade when a company can’t meet its obligations doesn’t just affect the business; it can follow directors personally. Knowing […]
Administrator Appointed to Ron Crouch Transport Pty Ltd: Voluntary Administration Overview
Stephen Robert Dixon in his capacity as Voluntary Administrator of Ron Crouch Transport PTY LTD (Administrator Appointed) (ACN 002 187 046)
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, […]