Daily Restructuring Appointment Statistics

Small Business Restructuring or Restructuring for short, was introduced on 1 January 2021 to assist small & micro businesses suffering financial distress.  Restructuring has surpassed voluntary administration as the turnaround tool of choice because it is:

1. significantly cheaper to administer;
2. has a greater chance of the company remaining in business; and
3. results in positive returns for creditors when they usually get nil return.