Australia: Financial Restructuring

A Full Court decision clarifies whether future royalty payments and associated security rights can be extinguished by a deed of company arrangement in Australian insolvency proceedings. The case examines the distinction between contingent claims and mere expectancies, with significant implications for creditors holding long-term payment rights in the energy and resources sector.

When a company enters Voluntary Administration, one of the administrator's first critical decisions is whether to continue trading the business. This decision involves careful evaluation of multiple factors including business viability, available resources, potential restructuring proposals, and the possibility of selling the business as a going concern.

As the 2026 financial year draws to a close, accountants and tax advisors face a critical juncture where year-end reporting often reveals hidden insolvency indicators in financially distressed companies. This analysis explores the warning signs embedded in EOFY financials, the personal exposure risks directors face through loan account arrangements, and the importance of early intervention strategies to protect stakeholders and explore restructuring options before a crisis unfolds.

In the course of doing business, there are many situations where you may need to confirm whether a company has entered or is about to enter liquidation.

From 1 July 2026, employers will be required to remit superannuation contributions within seven days of paying employee wages...

A Debt Agreement is an alternative to bankruptcy, offering individuals with lower levels of debt, income, and assets a structured compromise with creditors.

A stay of the winding up to allow creditors to vote on a DOCA may be appropriate to facilitate a restructuring transaction and the end of the external administration.

Guide to asset segregation and collateral management to rehypothecation and termination clauses.

Being unfunded does not necessarily mean that claims should be abandoned without exploring other recovery options.