Corporate insolvency is an area we specialise in.  If your company is facing financial difficulties or is involved in an insolvency dispute, we can provide helpful and timely advice.  Whether the company is facing liquidation, or the appointment of a receiver or administrator, we can help.  If you are a creditor looking to exercise your rights against a company you suspect is insolvent, it may be necessary to appoint an external administrator over the company to exercise your rights.  We can assist you by bringing an application to the Court to wind up a company in insolvency. 

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It is important to consider that directors owe duties to the company under the Corporations Act and at Common Law and the failure to exercise their functions may result in liability.  By allowing a company to continue to trade whilst insolvent, personal liability may attach to the director in such circumstances.