COVID-19

Extension of Temporary Relief for Financially Distressed Businesses

After much speculation, Treasury has announced that the temporary protections for financially distressed businesses will be extended beyond the initial six month period to 31 Decem…

Commercial rent relief for SME tenants

Rent reductions for a period of six months are available to small to medium sized businesses. Qualifying tenants will have an annual turnover below $50 million (excluding any gr…

Litigation Funding – a Tool for Creditors?

Litigation funding is a little used tool that can yield big benefits for unsecured creditors. If employed strategically by creditors, litigation funding can enable the creditor …

Seven Vital Questions to ask to Minimise COVID-19 Business Risk

Thanks to COVID-19, we are trading in an economy with an unprecedented level of risk. In this period there are seven vital questions every business providing credit should be as…

Coronavirus – legal myths busted

A range of new measures impacting the rights of creditors have recently been introduced by the Federal Government. In this period of rapid change and information overload, a num…