In this section, Australian Company Liquidations provides the latest news and tips in business insolvency and liquidations.

New Small Business Insolvency Reforms from 1 January 2021

New Small Business Insolvency Reforms from 1 January 2021 On 24 September 2020, the Treasurer announced the largest insolvency reform in 30 years for small businesses. The legislation — Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (Cth), was recently passed by Parliament and came into effect on 1 January 2021. The legislation had three main components: 1. Small Business Restructuring; 2. Simplified Liquidation for Small Businesses; and 3. Further Measures. In brief, Small Business Restructuring was introduced to help eligible

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Cheapest Liquidation Company in Sydney

Australian Company Liquidations (ACL) is a fully licensed and highly reputable liquidation company with a head office in Sydney. Our specialists are all registered with the Australian Securities and Investments Commission, so you can rest assured knowing that your case is being handled by experts in the field. We are not unlicensed brokers who will refer your case to external third parties to complete the liquidation.   LICENSED LIQUIDATIONS FROM $3,500*! ACL is the most affordable liquidation company in Sydney.

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COVID-19 Insolvency Relief ending on December 31st

COVID-19 Insolvency Relief ending on December 31st As suppliers and creditors, there is nothing more frustrating than chasing your customer for payment of goods or services you have provided in good faith and then receiving notification from an insolvency practitioner that they have been placed into Receivership, Voluntary Administration or Liquidation. The temporary COVID-19 relief measures announced by the Government on the 25th of March 2020 which were extended to 31st of December 2020 made the recovery of debts even

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