SME Restructuring – Are we hitting the target?
How do you strike the correct balance when looking at the interests of creditors and debtors in insolvent or potentially insolvent scenarios?
SBRP – Small Business Restructuring Practitioner
The Australian Government has announced the reforms introducing a new debt restructuring and simplified liquidation process for small businesses. These reforms are aimed at providing small businesses with the assistance to survive, or where a restructure is not possible, to maximise returns to creditors and employees by reducing the complexity, time and costs involved in liquidating a company.