What is the difference between liquidation and bankruptcy?
Liquidation and bankruptcy are related but distinct concepts. When a company or individual is confronted with financial troubles, there can sometimes be confusion about whether they need a liquidation or bankruptcy. Here’s a brief explanation of the different meanings and implications between the two: Liquidation Liquidation is a legal process in which a company’s legal […]
Discovering the power of a Deed of Company Arrangement (DOCA)
Even the most resilient companies can come face to face with financial hardship in this challenging business landscape. When this happens, deciding to enter a Deed of Company Arrangement (DOCA) can prove to be a powerful tool for those seeking a second chance. While this may seem daunting, it empowers companies to navigate their financial […]
Signs that it’s time to call in a Voluntary Administrator
We are all familiar with the boiled frog scenario. Just like the frog, business owners sometimes cannot react to changes that happen gradually. Unfortunately, the reality is, if warning signs of financial distress are ignored, a business can end up just like the frog. The business, which the owner worked so hard to build, will […]
Signs that it’s time to call in a Voluntary Administrator.
We are all familiar with the boiled frog scenario. Just like the frog, business owners sometimes cannot react to changes that happen gradually.
