Safe Harbour
Protection given to Directors when there is a possibility of financial distress looming so as not to trigger the unnecessary appointment of an insolvency practitioner. Can give the directors the green light to continue trading.
Restructuring
Formal or informal processes where a Company maximises its chances of continuing in existence; or if that isn’t possible, restructuring can involve solutions that are better for the company’s stakeholders than liquidation.
Director Advocacy
Providing advice and that extra set of eyes – which is especially helpful when dealing with insolvency practitioners who generally must put the interests of other stakeholders ahead of directors.
Tax Debt Negotiation
Understand your options. Over extending family finances needs to be carefully considered. Knowing the tipping point matters.
General Advisory
General Advisory encompases crisis management, compliance reporting and public policy advocacy.
Cessation of Business
There are various ways to cease operations and careful consideraiton is necessary depending on the underlying entity structure. Not all options involve insolvency practitioners or liquidators.
ginette@gmadvisory.com.au
For a confidential discussion and assistance, contact Ginette.
GM Advisory works with directors to ensure they understand the process and the possible outcomes. Keeping directors informed and safe at all times.