The Australian government introduced two significant new insolvency solutions following the enactment of the Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (Cth), as part of the federal governments JobMaker Plan in response to the COVID-19 pandemic. The second of these solutions is the Small Business Debt Restructure Process (SBDRP). The benefits of entering a SBDRP include:…
The holiday shopping push is on with shoppers this year hunting for deals early and keeping inflation top of mind. Inflation is crazy, said Christopher Filius, a shopper. Another shopper told NBC6 she was only shopping for the things they needed and planned to pay for them with cash. Sticking to cash and a budget…
Flender Ireland, the finance provider that has lent 60 million to small businesses since 2016, has entered into the States examinership-light debt restructuring process as it looks to erase up to 4.2 million owed to its parent and Revenue. The company started of in the peer-to-peer lending market but now sources funds from institutional investors.…