Signed a personal guarantee and your company has gone into liquidation? Understand what creditors can do, what defences you may have, and how to negotiate. Expert advice from Boss Lawyers Brisbane.
When your company is insolvent and restructuring isn’t possible, creditors’ voluntary liquidation (CVL) is often the best path. This guide explains the process, director obligations, and personal liability risks.
Removed as a director of an Australian company? Understand your legal rights — from procedural challenges and unpaid entitlements to oppression remedy applications. Practical guide by Boss Lawyers.
Rushing into litigation before you are ready is costly. This 10-step pre-litigation checklist for Queensland businesses covers limitation periods, evidence preservation, letters of demand, costs assessment, and ADR.
Debt recovery in Queensland can take anywhere from 14 days to 18+ months depending on the path you take. This guide breaks down realistic timelines for letters of demand, statutory demands, court proceedings, and enforcement — so you can plan your next move with confidence.
Wages, annual leave, super, redundancy — what do employees actually recover when their employer is wound up? This guide explains employee priority claims, the FEG scheme, and what directors need to know.
When a company goes into external administration — whether voluntary administration, liquidation, or a deed of company arrangement — directors, creditors, and other interested parties
ASIC can ban you from managing any corporation in Australia for up to 5 years — or longer. This guide explains the grounds, process, show cause notices, and how directors can respond.
A personal guarantee is one of the most significant legal commitments a director can make. You sign on behalf of your company every day —
Miss a limitation period and your claim dies — regardless of its merits. This guide explains the key deadlines for Queensland commercial disputes and what to do if you are running out of time.
The Full Federal Court has confirmed that freezing orders can extend to discretionary trust assets where the judgment debtor is a beneficiary and appointor who exercises extensive control over the trust. What the Filippini v Keystone [2026] FCAFC 71 decision means for Brisbane creditors, directors, and business owners.
A creditor owed $4,000 or more can apply to wind up an Australian company. Here is how the process works under the Corporations Act, when it makes sense, and what risks creditors need to understand.
