Understanding Corporate Insolvency: A Primer for Australian Business Owners 

A team of four business people is standing in front a desk in a bright office room. They ambitiously point at documents while smiling and looking at the charts and notes.

Facing corporate insolvency is a reality many Australian business owners might confront. It’s essential to grasp what corporate insolvency is, its process, and its potential impact. This fundamental knowledge helps you avoid financial pitfalls and manage challenges effectively if encountered. In this article, we empower you with the insights needed and assist you in navigating… Continue reading Understanding Corporate Insolvency: A Primer for Australian Business Owners 

The Liquidation Process Explained: A Step-by-Step Guide

Woman online seller confirming orders from customer on the phone. E-commerce business owner looking at the papers and talking on phone in store warehouse.

Navigating the Liquidation process can be daunting for any business owner. Understanding how liquidation works, what liquidation means for your business, and its implications are crucial steps in making informed decisions during challenging times. This guide breaks down the liquidation process into manageable steps, providing clarity and actionable insights for Australian entrepreneurs and businesses.  What… Continue reading The Liquidation Process Explained: A Step-by-Step Guide

Understanding Insolvency: A Comprehensive Guide for Navigating Financial Distress 

Navigating the complex world of insolvency can be intimidating, especially when financial distress looms large. Yet, understanding insolvency and its various aspects is essential for individuals and businesses to effectively address their financial challenges. This comprehensive guide will provide valuable insights into insolvency, its types, legal frameworks, and strategies to prevent and overcome it. So,… Continue reading Understanding Insolvency: A Comprehensive Guide for Navigating Financial Distress 

How Provisional Liquidations Can Help Protect Your Interests in a Dispute

Navigating the complexities of business disputes and insolvency can be daunting. But what if there was a way to protect your interests while the storm rages on? Enter provisional liquidations, a powerful tool that can safeguard your assets and ensure the continuity of your business operations. In this blog post, we’ll dive into the world… Continue reading How Provisional Liquidations Can Help Protect Your Interests in a Dispute

Richard Lawrence

As a Director at Mackay Goodwin, Richard Lawrence brings 15 years of experience in insolvency, restructuring, and business advisory to lead significant projects within the firm. Richard is an ASIC Registered Liquidator and a member of the Chartered Accountants Australia & New Zealand. Additionally, he’s a professional member of the Australian Restructuring Insolvency & Turnaround… Continue reading Richard Lawrence