liquidation Archives - Shakespeare Financial Services https://shakes.com.au/tag/liquidation Chartered Accountants, Financial Services, Superannuation Services, and Leasing and Mortgage Solutions Fri, 27 May 2022 06:26:18 +0000 en-AU hourly 1 https://wordpress.org/?v=7.0 https://shakes.com.au/wp-content/uploads/2015/06/cropped-fav-32x32.png liquidation Archives - Shakespeare Financial Services https://shakes.com.au/tag/liquidation 32 32 Simplifying Small Business Insolvency https://shakes.com.au/business-news/small-business-insolvency?utm_source=rss&utm_medium=rss&utm_campaign=small-business-insolvency https://shakes.com.au/business-news/small-business-insolvency#respond Fri, 05 Feb 2021 02:35:27 +0000 https://shakes.com.au/?p=33653 Drawing on key features of the Chapter 11 bankruptcy model in the United States, the new system aims to speed up the insolvency process, reduce costs and where possible, restructure to help the business survive. Where survival is not possible, it’s hoped that the quicker insolvency process will deliver greater returns for creditors and employees.

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