Why are insolvency practitioners angry and rustrated

Insolvency practitioners in Australia are angry and frustrated. Why is that, and why is it important to know?

Estimated reading time: 12 minutes

Anyone who has worked with, and around, insolvency practitioners in Australia knows that they are a frustrated lot. Why is this? Here, we take a look into some recent empirical research which seeks to explain why insolvency practitioners feel this way. We then ask, is this a genuine problem? Or, is it because, like most industries, their industry is more heavily scrutinised and more competitive than in the recent past?

How do you appoint a receiver?

How do you appoint a receiver?

Estimated reading time: 6 minutes

A receiver must be an independent and suitably qualified individual. This means, in nearly all cases, that the receiver must be a registered liquidator and satisfy a range of other requirements that apply to receivers.