Our extensive experience in Voluntary Administrations, Liquidations and Receiverships means that we can offer solutions and advice to creditors, directors and companies.
We manage all types of formal insolvency administration and recognise that stakeholder needs are paramount when dealing with insolvent companies.
As the author of the Australian Insolvency Practice Manual and with ongoing involvement in the Insolvency Practitioners Association of Australia, Ferrier Hodgson ensures it stays at the forefront of trends legally and commercially.
Our services include:
- Voluntary Administrations
- Deeds of Company Arrangement
- Receiverships (private and Court appointed)
- Creditors' Voluntary Liquidations
- Court Liquidations
- Provisional Liquidations
- Financial Monitoring / Investigative Accountant roles
- Bankruptcy and personal insolvency service
Our work may involve the following processes:
- Assessing the financial position and deciding whether a formal administration is required
- Arranging the required administration and effecting legal and commercial notifications
- Dealing with employees, suppliers, landlords and lessors
- Managing businesses and assets, or their orderly disposal
- Convening creditor meetings and reporting to stakeholders
- Identifying and implementing accounting, costing and management procedures
- Conduct of recovery litigation
- Adjudicating claims and distributing dividends to stakeholders