Insolvency and Restructuring
The Hunt & Hunt insolvency team has built a sound reputation for providing timely advice to insolvency practitioners and major creditors.
Hunt & Hunt has one of the strongest insolvency practices in the country. Our considerable experience includes security enforcement, insolvency administration and debt recovery across all Australian courts and jurisdictions.
We help clients develop practical, commercial solutions regarding corporate administrations, liquidations and receiverships, and can assist with business recovery, reconstruction and restructuring strategies.
Hunt & Hunt's national team helps clients recover and resolve difficult or disputed debts. We offer legal insolvency services in relation to debt recovery, security enforcement and all aspects of insolvency administration.
We help our clients enforce residential and commercial mortgage defaults, recover arrears and obtain freezing orders.
Debt litigation services for organisations of all sizes
In 2005, Hunt & Hunt became the only private law firm appointed by the Australian Taxation Office (ATO) to provide national debt litigation services. We were reappointed to this position in 2010. We conduct a large number of bankruptcy and winding-up matters on behalf of the ATO.
To assist all of our debt litigation clients, we draw on our experience and the same business processes we use to assist the ATO. This ensures our clients have their matters resolved efficiently and cost-effectively. It's important to us that our clients receive the same level of meticulous, cost-conscious service, regardless of size.
Protecting your Interests
In the complex circumstances surrounding insolvencies, we work quickly and accurately to protect clients' interests and provide advice on:
- Bankruptcy
- Corporate reconstructions and restructuring
- Creditors' claims
- Cross-border insolvency
- Directors' duties
- Distress debt trading and acquisitions
- Enforcements
- Investigating accountants' reports
- Liquidations
- Negotiations with secured creditors
- Preference claims
- Receiverships
- Recovery strategies
- Securities
- Turnaround and workouts
- Voidable transactions
- Voluntary administration.
Members of our team sit on the External Advisory Panel of the Australian Securities and Investments Commission. Our practitioners closely monitor national and international industry developments, through membership with the Insolvency Practitioners Association, the Insolvency Committee of the Law Council of Australia, and the International Women's Insolvency Reconstruction Confederation.
Latest Insights
A Charge may be Rectified after the Debtor has been Placed in Liquidation or Administration
In Saraceni v Mentha [No.2] [2012] WASC 336 a director sought to challenge the appointment of receivers to Westgem Investments Pty Ltd (“Westgem”) under a fixed and floating charge (“the Charge”). In 2008 Westgem entered…
Directors’ Personal Liability for Company PAYG and Superannuation Obligations
On 29 June 2012 the Tax Laws Amendment (2012 Measures No. 2) Act 2012 received royal assent. The legislation has been introduced to expand the director penalty regime; making directors now personally liable for their…
Directors Avoid Tighter DPN Regime – for Now
The proposed changes to the current Director Penalty Notice (“DPN”) rules were postponed following the sudden withdrawal of the Bill from Parliament. This means that directors will continue to enjoy the 21 day notice period…
