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In the final instalment of our insolvency series, Director Demian Walton unpacks the high-stakes world of pre-pack insolvency transactions—a powerful tool for rescuing distressed businesses when done right, but one that can trigger serious legal and regulatory consequences if misused.
Damien explores what makes a lawful corporate restructure, how to steer clear of illegal phoenixing, and what recent Corporations Act amendments mean for directors and advisers. If you’re supporting clients through financial distress, this episode delivers clear, practical guidance on managing insolvency risk, avoiding director liability, and protecting creditor interests.
Discover more or connect with us at www.velocitylegal.com.au
In the final instalment of our insolvency series, Director Demian Walton unpacks the high-stakes world of pre-pack insolvency transactions—a powerful tool for rescuing distressed businesses when done right, but one that can trigger serious legal and regulatory consequences if misused.
Damien explores what makes a lawful corporate restructure, how to steer clear of illegal phoenixing, and what recent Corporations Act amendments mean for directors and advisers. If you’re supporting clients through financial distress, this episode delivers clear, practical guidance on managing insolvency risk, avoiding director liability, and protecting creditor interests.
Discover more or connect with us at www.velocitylegal.com.au