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There has been a lot of press and discussion around the Government’s proposed reforms to the Corporations Act particularly with respect to streamlining the insolvency process for small businesses. Whilst the proposed reforms have only just been tabled in parliament with an intended effective date of 1 January 2021, whether that date is achieved or […]

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We are honoured to have participated and won the WIRV, Gender Diversity Firm of the Award 2020. Congratulations to all of the finalists. We would like to acknowledge and thank the entire Hamilton Murphy – Restructuring | Insolvency | Bankruptcy team for their continued contribution, we are extremely proud of each and everyone of you.

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On 23 September 2020, the Federal Treasurer announced proposed reforms to the Australian insolvency regime with an implementation date of 1 January 2021. The proposed reforms provide business owners in financial distress a simplified way to manage their affairs which will give them more control to operate their business, as they work with an insolvency […]

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Hamilton Murphy – Restructuring | Insolvency | Bankruptcy are thrilled to be named as a finalist for the 2020 WIRV Awards, Gender Diversity Firm of the Year! Hamilton Murphy approaches gender diversity and career progression by providing a supporting environment for all staff to grow. Most recently, more females have been promoted into management roles […]

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The Australian Law Reform Commission The Australian Law Reform Commission report, Corporate Criminal Responsibility (Report 136, 2020), was tabled in Parliament yesterday, 31 August 2020, by the Attorney-General, the Hon Christian Porter MP. The implementation of the 20 recommendations made by the ALRC will significantly strengthen and simplify the Commonwealth corporate criminal responsibility regime. The […]

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The Federal Government has recently passed new legislation further strengthening its ability to combat illegal phoenix activity and those who engage in it. Illegal phoenix activity has been described by the Australian Securities & Investments Commission as being where a new company is created to continue the business of an existing company that has been […]

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Victorian Office Closure and Remote Operations On Wednesday night, we, like many businesses in Victoria, will be forced to close our physical offices in Victoria for a minimum of six weeks. While we would rather remain operating in the same manner in which we have, this is not possible. We do not, however, expect it […]

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Hamilton Murphy’s Stephen Dixon on Ipso Facto rules & how they may apply during the COVID-19 Crisis: Protects the validity of contracts during an insolvency event Used During a DOCA (Deed of Company Arrangement – if you can get it all it) Only applies to contracts post July 2018

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Bankruptcy Options during COVID-19 Debtor Petitions An option for individuals Compromise with creditors Relieves bankruptcy which has many benefits

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Webinar from May 12 to help businesses and individuals and their advisors to understand some solvency and insolvency issues in the current climate. Please join Stephen Dixon of Hamilton Murphy and Alex Nicol of Aitken Partners for this session on Solvency & Insolvency through the COVID-19 Crisis. Alex and Stephen will look at some of […]

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