We work with:
- Lawyers
- Corporate
- Bankers
- Accountants
To provide trusted services to their client + referrals
find out more about usOur Principals
Newsletter
Sign up for our newsletter. Special offers,sales, events & more!
Blogroll
- mypsych.com mypsych.com.au
Popular Resources
- American Bankruptcy Institute A resource for Today’s Busy Insolvency Professional – US
- ASIC Australian Securities & Investments Commission Insolvency Resource
- Austlii Australian Legal Information Institute
- Bankruptcy, Insolvency and Corporate Rescue News and views from academia and practice
- Credit Slips US Academics blog on all things about credit and bankruptcy
- GEERS General Employee Entitlements and Redundancy Scheme
- Global Insolvency News A snap shot on what is happening in insolvency around the world
- INSOL International Int. Assoc. of Restructuring, Insolvency & Bankruptcy Professionals
- IPAA Insolvency Practitioners Association of Australia
- ITSA Insolvency and Trustee Service Australia
- Tax Office Australian Taxation Office home page
Category Archives: You're Not Alone
Surprise, surprise
Following on from our recent post on the top 6 industries at risk of insolvency we now take a look at the same ASIC statistics and summarize the top 3 reasons for business failure over the 3 years from 2007/08 to 2009/10.
The top three reasons are:
Also posted in ASIC, Education, Law Reform
More stats
The study conducted by Herzberg et al, Characteristics of Companies in Voluntary Administration
detailed in our previous issue of Two Pages also provides a summary of the
return creditors received in both a winding up and Deed’s of Company
Arrangement (DoCA’s).
Overall employees received a return of 92.0%.
Not surprisingly the return to employees
in a DoCA and a [...]
Also posted in Statistics Tagged bankruptcy, business failure, deed of company arrangements, liquidation Leave a comment
ZOOM