Corporate Insolvency

If your company is facing increasing financial pressure, seeking the immediate assistance of independent and experienced professionals is the key to moving through any difficult financial period.

It would be rare that there were no workable strategies left to keep your business ‘alive’ and trading. If the situation is dire, then there is still very good reason to seek help, to ensure that the flow-on effects of insolvency are minimised.

Nevile & Co. have an experienced team of lawyers and advisors who can make recommendations on such matters as: asset protection; handling staff redundancies; capital raising; dealing with your bank, the ATO and creditors; and providing timely advice on your statutory responsibilities with respect to your ongoing business operations.

Nevile & Co.’s, ‘Restructuring and Insolvency’ team is a phone call away. Our first meeting with you is on a ‘no charge, no obligation’ basis.

Business/Corporate Restructuring

The team members at Nevile & Co. are not only experienced lawyers, but also have extensive hands-on business management experience in industries including: hospitality, property development, agriculture, manufacturing, and TV production, to name just a few of the businesses which have been run by some of our team members.

If you need timely professional advice on, for example:

  • asset restructuring;
  • business partnership structures;
  • business succession advice;
  • divestment of under-performing assets;
  • sourcing business finance for a specific commercial opportunity;
  • downsizing/upsizing business operations,

then these are all examples of the types of activities for which Nevile & Co. have successfully advised our clients.

Personal Bankruptcy

If you are facing a situation where it appears impossible to meet your existing financial obligations, there are alternatives which may result in you not having to declare bankruptcy. Nevile & Co. will provide professional advice about the best way to deal with your financial situation.

At Nevile & Co. we pride ourselves on being ethical and honest in our dealings with you and your creditors. We can assist you in your negotiations with creditors, or can negotiate on your behalf.

Securing your Interest (Personal Property Security Register)

If your company is delivering substantial amounts of stock on credit terms to your customers, then it is vital to secure your interest in those goods to protect against the potential insolvency of your customer. In most cases where a security interest is not registered, and your custom becomes insolvent, you will be unable to recover the goods which have been supplied to them on credit terms.

Nevile & Co. can advise you on the process of securing your title to goods supplied to your customers through the Federal Government’s Personal Property Security Register (PPSR) and develop suitable procedures so that your company can undertake the ongoing management of the PPSR.

We provide expertise, advice and services regarding:

  • Bankruptcy
  • Insolvency
  • Asset Protection
  • Corporate Structure
  • Compliance / Corporations Act / Directors Duties
  • Debt Recovery / PPSA
  • Insurance Matters