Insolvency

Trumble Szanto Lawyers have extensive experience in insolvency and bankruptcy and provide cost effective advice to clients who include creditors, debtors, directors, corporations, administrators, receivers, liquidators and general insolvency practitioners.

We have regularly advised and appeared for:

• Administrators, receivers, trustees in bankruptcy and liquidators in relation to preserving assets from failed or distressed businesses, applications to set aside statutory demands, contested winding-up applications, unfair preferences, uncommercial transactions, insolvent trading and challenging voidable transactions.
• Creditors and debtors of insolvent companies and individuals.
• Company directors in relation to breach of directors’ duties and trading whilst insolvent.
• Liquidators, officers and other persons in public examinations of the examinable affairs of corporations and individuals.
• Liquidators and directors in relation to ASIC investigations.
• Creditors and debtors in applications to set aside bankruptcy notices and contested creditor petitions.
• Trustees in bankruptcy in relation to recovery of assets.
• Individuals in bankruptcy proceedings brought against them.
• Financiers and various third parties in relation to assets secured or otherwise.

We have acted for many of Australia’s leading insolvency practitioners and our clients can be encouraged that when they engage us, they also engage our network of associated professionals who may be required to assist with an insolvency administration.

Whether you are a creditor owed money, an individual owing money or a company in distress, it is crucial that you obtain the best advice early in the process so that your interests can be protected as completely as possible.