Company Insolvency
We advise companies that face financial challenges and assist them in exploring the options available, including formal insolvency procedures where appropriate.
We have worked with distressed businesses for a range of stakeholders including banks, company directors, business owners, legal advisors, creditors, investors and regulators. We are professional and thorough while also being respectful and sensitive to the people involved.
Our genuine relationships with stakeholders ensure confidence that we have balanced the needs of the business with the best possible return to creditors.
Company insolvency options include:
- Members Voluntary Liquidation
- Creditors Voluntary Liquidation
- Provisional Liquidation
- Official Liquidation
- Voluntary Administration
- Court Appointed Receiver
For more information on each of these, how it may affect you in an insolvency situation, or how PPB Advisory can best assist you, please contact us.
Helpful Links
Information for Directors
- Report as to Affairs Form (PDF)
- Report as to Affairs – Guidance Notes and Instructions to Complete
- Providing assistance to external administrators – Fact Sheet
- Insolvency: A guide for directors
- List of all Information Sheets
Information for Creditors
- Proof of Debt Form ( PDF)
- Statement to Attend Creditors Meetings by Telephone Form (PDF)
- Proxy Form (Blank) (PDF)
Remuneration of Insolvency Practitioners:
- PPB Advisory Remuneration Policy (PDF)
- Guide to Level of Insolvency Staff Classifications (PDF)
- Work Categories – Tasks Undertaken (PDF)
- ASIC Information - Fees of Insolvency Practitioners
- Approving Fees: A guide for creditors
- Independence of external administrators: A guide for creditors
- Liquidation: A guide for creditors
- Receivership: A guide for creditors
- Voluntary administration: A guide for creditors
- List of all Information Sheets
Information for employees
- Liquidation: A guide for employees
- Receivership: A guide for employees
- Voluntary administration: A guide for employees
- List of all Information Sheets
Information for shareholders
- Insolvency: a guide for shareholders
- List of all Information Sheets
