Hit pause on appointing a voluntary administrator during Covid-19

Hit pause on appointing a voluntary administrator during COVID-19

Estimated reading time: 5 minutes

The new Coronavirus Economic Response Package Omnibus Act 2020 (the Coronavirus Economic Response Act) has just come into force. This Act contains a range of new measures to support businesses through the Coronavirus/COVID-19 pandemic and its consequences.

When is a construction company insolvent?

When is a construction company insolvent?

Estimated reading time: 8 minutes

How do we determine if a construction company is insolvent? Insolvency, as defined under Section 95A of the Corporations Act 2001 (Cth), occurs when a business or an individual is unable to meet their debts as they become due and payable.

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.

What are the new penalties for directors in Australia?

What are the new penalties for directors?

Estimated reading time: 6 minutes

Directors need to be aware that having the ‘best of intentions’ will often not be enough to avoid liability for a breach of the duty under the new penalties.

Cure Cancer Lab Tour photos

Cure Cancer Lab Tour

Estimated reading time: 2 minutes

Sewell & Kettle were very fortunate last week to be invited by Cure Cancer and The Can Too Foundation to participate in a tour of their cancer research lab at the University of New South Wales. Sewell & Kettle is…

How do you respond to an ATO garnishee notice?

How do you respond to an ATO garnishee notice?

Estimated reading time: 6 minutes

Garnishee notices are designed as a last resort strategy in cases involving significant tax debts and uncooperative debtors and should be taken very seriously. They can be embarrassing, or even damaging, as they drag third parties into your personal financial affairs.

What is the ROCAP and what does it have to do with 'phoenix activity'?

What is the ROCAP and what does it have to do with ‘phoenix activity’?

Estimated reading time: 10 minutes

In article: When a company goes into insolvent liquidation, the directors are required to complete a Report on Company Activities and Property (ROCAP) which replaces the previous Report as to Affairs (RATA) The ROCAP is more comprehensive than the RATA…

Charity fundraiser for Cure Cancer Australia at Sokyo at the Star

Charity fundraiser for Cure Cancer Australia at Sokyo at the Star

Estimated reading time: 2 minutes

Sewell & Kettle are proud to support the efforts of Cure Cancer Australia. On Friday 5 October 2018 our firm held a charity fundraiser for Cure Cancer Australia at Sokyo restaurant at the Star. Which charity was supported? All monies…