Articles, tagged with "liquidator", page 2
07th December 2010
There are few things that are worse than flooding and water damage in the home. Flooding does not only damage your belongings but could also lead more harm to the well-being and health of your family. Regardless of the time of year, water damage is a seri...
Read >
Author:
sonnix
29th November 2010
Section 482 of the Corporations Act allows an application to terminate the liquidation of a company. In Leveraged Capital Pty Ltd (in liq) v Modena Imports Pty Ltd (in liq) [2010] NSWSC 739, it was held that an application under section 482 may require th...
Read >
Author:
Kyle
26th November 2010
If you are a business owner it may be that at some time you will choose to go through a Members Voluntary Liquidation (MVL). What is MVL and in what circumstances would you use it?
What is Members Voluntary Liquidation?
MVL relates to the winding ...
Read >
Author:
Rich Spencer-Hayes
18th November 2010
Copyright (c) 2010 Alison Withers
In April 2009 the retailer JJB successfully proposed a CVA designed to save 250 stores and 12,000 jobs. It has become the model for subsequent CVAs in the retail sector.
The proposal included closing 140 unprofitabl...
Read >
Author:
Ali Withers
02nd October 2010
There are plenty of people around the country that are affected by financial problems and all could do with a viable solution to help alleviate these problems. IVA debt help is one possible way of dealing with things but there are a lot of terms associate...
Read >
Author:
Chris Roche
17th September 2010
A company voluntary liquidation offers advantages and disadvantages. It is important that company directors consider the pros and cons of liquidating a company before entering the process. Whilst the process may feel like the best option, there may be alt...
Read >
Author:
Ashlyn Henry
16th September 2010
Whilst liquidation can be a difficult process for some companies, there are some advantages to the process. One of the main advantages is that all those involved in the company will be able to move forward once the process is finished. Companies that ente...
Read >
Author:
Ashlyn Henry
14th September 2010
Business debt can lead to a company experiencing severe financial difficulties, which can lead to procedures such as liquidation and bankruptcy. These procedures can either be voluntarily or occur as a result of a creditor taking action. Creditors that ta...
Read >
Author:
Ashlyn Henry
08th September 2010
In tough economic condition many company owners faces problem of excess stock, in such time companies consider liquidation as option. If you find yourself in such burden you must try to sell excess inventory.
There are there important ways by which you...
Read >
Author:
Pardhi Media Marketing
31st August 2010
The recent case of SSET Construction Pty Ltd (in liq), Re; Sims v Khattar (2010) NSWSC 102 has reinforced the duties placed on directors to avoid insolvency. The case also encourages the importance of preserving and updating financial records.
QUICK FA...
Read >
Author:
Kyle
23rd August 2010
As we know that used office furniture VA helps the environment. To start or maintain a business is not easy. You need to be able to allocate your finances in the most cost-effective manner, and getting refurbished furniture is one of the many ways that yo...
Read >
Author:
cleondann
18th August 2010
The buying and selling of products over the internet has been around for quite some time now, and if current statistics are anything to go by, there are lots of opportunities to be explored online that you can take advantage of. One great opportunity that...
Read >
Author:
nomisdice
12th August 2010
When {anyone|someone|an individual} sees the sign or an advertisement that claims "Going out of Business Sale" {automatically|suddenly} he or she will think, "yes, I can get the best deals there". In theory these sales should {in fact|actually|technically...
Read >
Author:
benjamein.moore
10th August 2010
We probably will not know all the detail of how Nama will work until the Nama board and its chief executive are appointed and decide on policy and procedures. However, we do know a lot about how it will operate.
Firstly, you will be in Nama if you have...
Read >
Author:
John Brady
03rd August 2010
PARK & ANOR V. LANRAY INDUSTRIES PTY LTD & ORS [2010] QSC 82
QUICK FACTS
The plaintiffs who were the liquidators of the company in liquidation brought an action in their own name rather than as "the liquidators for the company" against the defenda...
Read >
Author:
Kyle