Insolvency News & Insights
Stay Informed on the Latest Developments Explore our insolvency-related news, analysis, and insights. From corporate bankruptcies to personal financial struggles, our articles provide a deep understanding of the complex world of insolvency.

Back to Basics: Insolvency Agreements
In Australia, informal agreements, debt agreements, and personal insolvency agreements are all alternative options to bankruptcy for individuals facing financial difficulties. However, each one operates
Is this business in trouble? Spotting danger on the horizon
Accountants and bookkeepers often have the first opportunities to observe changes in a business, both positive and unfortunately negative. By getting involved with their clients
Director Penalty Notices: What You Need to Know and How to Protect Yourself
Directors carry real responsibility for their company’s tax and superannuation obligations. When those obligations go unmet, the ATO has a powerful tool at its disposal:
Case Study: Bayside Gate Frames Pty. Ltd. (Subject to Deed of Company Arrangement)
Case Study: Bayside Gate Frames Pty. Ltd. (Subject to Deed of Company Arrangement) trading as “Bayside Fencing Products”, “Direct Factory Outlet Concrete Sleepers, Landscaping and
Impacts of voidable transfers into Superannuation
The available funds of an undischarged bankrupt that are in a regulated superannuation fund as at the date of bankruptcy, are generally protected in bankruptcy
Back to basics: What is a Creditors Voluntary Liquidation?
A Creditors’ Voluntary Liquidation (CVL) winds up a company that can’t pay its debts. A Registered Liquidator takes control, realises what the company owns, and
Sneakerboy Group of Companies Appoints Voluntary Administrator
The Sneakerboy Group of Companies today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as Voluntary Administrator to the Companies. The Voluntary
Mutual Set-Offs and unfair preference claims
Creditors are no longer entitled to utilise the right of set off pursuant to Section 553C against their outstanding debt owed in a liquidation as
The Art of Subrogation
Subrogation occurs when a person or a creditor agrees to pay creditors of the insolvent company in consideration for the right to subrogate into the
Benefits of Member Voluntary Liquidation
Hamilton Murphy Advisory encounters many situations where long established “asset rich” company structures continue to be maintained where it may be preferable and more beneficial