An important message for directors about recent changes to the rules on the recoverability of GST taxes by the ATO and the potential for personal liabilities to arise.
Industry magazine In The Black recently published an article by Lachlan Colqhoun on the dangers of trading while insolvent.
The Australian Small Business and Family Enterprise Ombudsman (“the Ombudsman’) has convened an inquiry into the insolvency system. I am hopeful the Inquiry will start the process of developing of a new regulatory framework that will help a small business survive insolvency.
Plum Solutions principle consultant and well known financial modeller Danielle Stein Fairhurst MBA invited our managing director Shabnam Amirbeaggi to one of their recent Sydney Meetups
For the reasons advanced in this Submission, it is argued that, in certain circumstances, a pre-pack or a pre-positioned sale of a company’s business can assist mitigate the misuse of the Fair Entitlements Guarantee Scheme whilst, at the same time, can be undertaken in an environment which avoids the sharp corporate practices which have been identified as facilitating that misuse.
Pre-packs emerged in the UK after the introduction of the Enterprise Act 2002. They are governed by common law and a regulatory guide in the UK.
The inaugural conference of the Association of Independent Insolvency Practitioners (AIIP) was held across two chilly days in Canberra, the 28th and 29th of June.
Josa Constructions Pty Limited (“Josa”) and Equipment Hire Pty Limited (“EH”) have been in the care of voluntary Administrators since 22 June this year. The Administrators quickly became aware that Josa would earn a substantial amount, from which Creditors stood to benefit, by finishing work it had started under a Contract with the local Council at Penrith.
You would think that it is easy to identify the owner of a train? But the trains and other rolling stock located on the Canberra Railway Museum site at Kingston have proven ownership can be very tricky.
Well, it is finally here. A website, but not just a website. If you stopped by our front page you might have read that the company Shabnam and I started quite a while back, the eponymously titled Crouch Amirbeaggi, had become, excuse the expression, a two-speed company.