Carl Gunther

Carl Gunther

Partner, Restructuring Services

Articles by Carl Gunther

Business & Economy

Winds of change. More Zombie companies rising with the 2 speed economy

Default risk (or insolvency) is the uncertainty surrounding a company’s ability to service its debt as and when it falls due. Prior to default, there is no way to discriminate…

comment comment
article
Business & Economy

Want to terminate a contract with an insolvent counter-party: The option may no longer be yours

In September 2017, the government passed new “Safe Harbour” reforms. These have had a major impact on underperforming companies aiming to turnaround their business with changes to maintain enterprise value and facilitate the successful restructure of a distressed company.

comment comment
article
Business & Economy

Zombie companies of the ASX; the insolvency zone and the story of stranded capital

The “insolvency” zone: a D2D score <1 Default risk (or insolvency) is the uncertainty surrounding a company’s ability to service its debt as and when it falls due. Prior to…

comment comment
article
Business & Economy

Safe to fail in the Harbour – the new Safe Harbour laws for companies facing insolvency

Successfully restructuring a distressed business is hard to do. It requires compromises and trade-offs in a high risk and emotionally charged environment.

comment comment 1
article
Business & Economy

Government reform of insolvent trading laws. A safe harbour or just another port in the storm.

Australia’s insolvent trading laws are framed in a way that imposes personal liability upon directors for debts incurred if the company is found to have traded whilst it was insolvent. But proposed government legislation reform may change that.

comment comment
article
Business & Economy

No new way for a company to go bust but the signs of default existed long before its demise

Most experts when asked about why a company went broke or defaulted will respond with a collection of good logical reasons specific to the matter.

comment comment 1
article
Business & Economy

Whose idea is that any way?

In the lead up to the recent NSW election win by the Baird Government – Premier Baird made it a policy imperative to seek out and receive ideas from the…

comment comment
article