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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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Stephen Dixon of Hamilton Murphy on how to Survive & Thrive during the Coronavirus crisis Hamilton Murphy partner Stephen Dixon talks about a couple of things to think about, and how Hamilton Murphy can help during times of constrained cashflow especially during the COVID-19 Crisis. Hamilton Murphy is a specialist insolvency, bankruptcy and business recovery […]

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Survive & Thrive Action Plan with Stephen Dixon and Alec Blacklaw Survive & Thrive Action Plan with Stephen Dixon (Partner, Hamilton Murphy) and Alec Blacklaw.

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Find out about your options in tough times The outbreak of COVID-19 Coronavirus will have a financial impact on businesses on a global scale. It is important that company directors continue to be aware of their duties to prevent their company from incurring debts whilst it is insolvent, or may become insolvent. At times like […]

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Business Survival during the coronavirus pandemic Many businesses and individuals are feeling the pressure and anxiety associated with the COVID-19 Coronavirus outbreak. Some businesses are encouraging 14 day isolation and remote working conditions for employees and in many face-to-face industries meetings are being rescheduled or moved to tele-conference. We are in unchartered waters and the […]

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Directors personally liable for unpaid GST Earlier this month the Australian Senate passed The Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019. A lot of attention was paid to the anti-phoenixing provisions, but the Bill runs a little deeper, specifically around the risks of directors’ personal liability for GST. The bill has the provision that […]

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