Capability: Insolvency Industry: Hospitality Appointment: Voluntary Administration followed by Liquidation Overview A group of restaurants that was established since 2005 that specialised in authentic Chinese cuisine. The business was a family business that expanded to...
Completed a forensic accountants report in respect of a shareholders dispute. Complex analysis of transactions from various sources to determine the revenue and costs generated by the company over a 7...
Successfully recapitalised the company to allow the company to continue in existence by reducing costs of operations. Managed a team of 50 employees across multiple stores within NSW, ACT and...
Greengate Advisory has undertaken numerous engagements across different retail and hospitality companies as its liquidators such as SES Fashion, Ahinah Homeware and other restaurants groups. We thoroughly investigate the company, its...
Co-owners Property Disputes There are many circumstances in life where you may end up as a joint owner of a property or land, either under a marriage or relationship, purchased with...
On 24 September 2020, the Government has announced major changes to the insolvency framework for small businesses in Australia which will come into effect on 1 January 2021. These radical...
Extending the lifeline for businesses and zombie companies due to the extension of temporary relief to “insolvency laws” until 31 December 2020. On 7 September 2020, the Treasurer announced that the...
Dealing with businesses in financial distress is difficult enough without the added stress of a pandemic. Don’t be afraid to ask for help. Directors Negotiating with Key Stakeholders after and during...
On 5 February 2020, the long-anticipated Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 become law. The Bill focuses on stamping out phoenixing activities that costs the Australian Economy anywhere between...
