Voluntary Administration
Voluntary Administration
Voluntary administration gives a financially distressed company breathing space while an independent administrator assesses whether it can be saved. The articles below explain how the process works, the role of a Deed of Company Arrangement, and what it means for directors and creditors.
The Voluntary Administration Process in Australia
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Appointing an Administrator vs. Liquidation: Which is Right for Your Business?
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The Process and Benefits of a DOCA for Australian Businesses Facing Insolvency
There are no guarantees in business and when the going gets tough, the tough get going. Insolvency might be daunting, but you’re not alone.... Continue reading The Process and Benefits of a DOCA for Australian Businesses Facing Insolvency
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How to Avoid Common Pitfalls in Voluntary Administration
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The Difference Between Receivership, Administration and Liquidation
... Continue reading The Difference Between Receivership, Administration and Liquidation
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Case Study - Administration
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Mackay Goodwin appointed as Voluntary Administrators of Marquee Retail Group (MRG)
Sydney, 3 April, 2024 The Board of Directors of Marquee Retail Group (MRG) has appointed Domenic Calabretta, Mitchell Ball, and Richard Lawrence of Mackay Goodwin as voluntary administrators. MRG owns the brands Colette by Colette Hayman (Colette) and The Daily Edited (tde.... Continue reading Mackay Goodwin appointed as Voluntary Administrators of Marquee Retail Group (MRG)
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Mackay Goodwin appointed as voluntary administrators for Forum Group
Forum Group Statement – 13th July 2021 Leading restructuring and insolvency firm Mackay Goodwin confirms it has been appointed as Voluntary Administrator over the Forum Group of companies on 8 July, 2021. Since 9 July, the Administrator has been undertaking investigations across the Group. These investigations are ongoing. ... Continue reading Mackay Goodwin appointed as voluntary administrators for Forum Group
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The Accountant’s Guide to Working with a Voluntary Administrator
Voluntary administration is an insolvency procedure that brings in an external voluntary administrator to decide on the company’s next steps. Unlike liquidation, external voluntary administration won’t necessarily result in the company being wound down.... Continue reading The Accountant’s Guide to Working with a Voluntary Administrator
Read MoreUnderstanding your options
Voluntary administration pauses creditor action while the administrator reports on the company's future — often leading to a Deed of Company Arrangement that returns more to creditors than an immediate liquidation. Acting quickly preserves options. Speak to our team about whether VA is the right step.
How to Thrive
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