insolvency

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…

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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.

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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…

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Distance to Default: the growing divide between retail’s haves and have nots

KPMG’s FY17 biannual Distance to Default analysis revealed the emergence of a much larger gap in D2D scores between retail’s big winners and the big losers.

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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.

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Real Estate: on the verge of correction or still in good shape?

While there are those who consider the Real Estate sector on the verge of a correction, just as many contend that it is still in good shape.

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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.

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Innovation statement: confidence, not phoenix levels, will rise from bankruptcy changes.

The government’s Innovation Statement represented a watershed for insolvency law in Australia – and one which should ensure a more innovative and confident business community.

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