The Cut

What should a receiver or liquidator look for when investigating the actions of a director whose appointment of administrators ultimately nets for him or her the company's valuable assets? And what does that director need to do when considering the appointment? How will a court later deal with issues of the director's belief in insolvency, improper purpose in the appointment and the inevitable reconstruction of events in lay evidence? In this episode of The Cut, Simon Cathro speaks with Robert True from Quinn Emanuel Urquhart & Sullivan about the NSW Supreme Court's recent decision Re Empireal. The case provides important lessons for both insolvency practitioners investigating appointment conduct, and directors faced with the decision to appoint administrators. Robert breaks down the circumstances affecting the defendant's corporate group in early 2020, the administration, DOCA, subsequent breach of duty claim and ultimately how the suit was successfully defended despite a number of apparent "smoking guns". Robert then analyses the judgment in terms of what it reveals about the conduct liquidators and receivers should be looking for, how a duty case might be constructed, and, on the flip-side, the pre-appointment steps directors can take to make sure they withstand the inevitable scrutiny. Key Points Solvency is not the whole question: When assessing a director's decision to appoint administrators, the focus of any investigation should not simply be on whether the company was or wasn't solvent on the day of the appointment. The director's genuinely held, rational belief about present or future insolvency is critical. The contemporaneous documents will probably make or break the case: The Court placed significant weight on what was documented at the time, and significantly less weight on the director's later explanations about what he was thinking. The emails, text messages, contemporaneous records and most importantly the advice a director received (and followed) are likely the crucial evidence. For directors, what you do pre-appointment is what matters most. Good advice and proper documentation are essential. For directors facing financial distress, Robert's key messages are the value of high quality financial and legal advice, that decisions (and the capacity in which steps are taken) should be properly documented and that the pre-appointment period is the right time for a refresher on your duties to the company. Robert warns against simply attempting to repair the documentary record after the fact. Robert True's Linkedin Simon Cathro's Linkedin Andrew Blundell Linkedin Quinn Emanuel Urquhart & Sullivan website Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts .

A construction business can be profitable on paper and still run out of cash. In this episode of The Cut, host Chris Bergin speaks with Victor Zhou, a fractional CFO specialising in the construction sector, about why cash flow problems develop, how builders and developers can identify them early, and why borrowing more money is rarely the real solution. Their conversation ranges across the changing construction market, private credit, working capital, project forecasting and front-loaded claims — and the financial pressures facing Australian builders and developers today. Victor also makes the case that construction businesses need to think beyond their next project and treat every project as an investment in the business itself. The key message is a simple one: understand your cash flow early, identify the source of the problem, and take action before you need the money yesterday. Key Points Cash flow problems need to be identified early. The answer isn't always another source of funding. A business first needs to understand how it arrived at its current position — and whether cash is still leaking out. Every construction project creates a working capital requirement. Builders can spend on labour, subcontractors and materials 30 to 60 days before payment arrives, making working capital critical as projects grow in size and number. Forecasting is an early warning system . A project budget doesn't need to be perfectly accurate. Its purpose is to surface problems early enough to act — rather than needing money immediately. Links Victor Zhou on LinkedIn Your CFO Partner Chris Bergin on LinkedIn Simon Cathro on Linkedin Andrew Blundell on Linkedin

In this episode of The Cut , Chris Bergin, Cathro's Principal in Melbourne , sits down with Julian Heatherich, Director of Commercial Sales at Savills, to discuss the current state of Victoria's commercial property market. Drawing on more than 25 years of experience in real estate, Julian shares his perspective on the challenges facing developers, investors and lenders, including rising construction costs, tighter funding conditions and reduced transaction volumes. He also explores why premium assets continue to perform, how developers are adapting through new strategies such as build-to-rent and modular construction, and where opportunities are beginning to emerge. The conversation finishes on an optimistic note, with Julian explaining why he believes Victoria is nearing a turning point and why today's cautious market could be viewed as one of the best buying opportunities in hindsight. Key Points Victoria is approaching a potential turning point. While uncertainty continues to slow transactions, Julian believes improving sentiment and future interest rate cuts could see the market rebound quickly. Developers are being forced to think differently. Rising construction costs, tighter lending and changing buyer demand are driving greater interest in strategies such as build-to-rent, modular construction and creative development partnerships. Long-term fundamentals remain strong. Population growth, limited housing supply and continued infrastructure investment are creating confidence that Melbourne and Victoria will remain attractive investment markets over the years ahead. Links Julian Heatherich Linkedin Chris Bergin on LinkedIn Simon Cathro's Linkedin Andrew Blundell Linkedin Savills

Most small business owners invest their own money long before a bank ever backs them. But when financial hardship strikes, many discover that their personal investment isn't protected. In this episode of Season 5 of "The Cut", Simon Cathro sits down with former insolvency lawyer and Krodok founder Matthew Kelly to explain why thousands of Australian business owners unknowingly leave themselves exposed when lending money to their own companies. They discuss director loans, PPSR registrations, business restructuring, insolvency, and why getting the legal foundations right early can make the difference between surviving financial distress and losing everything. Whether you're starting a business, growing one, or simply want to better protect what you've built, this episode offers practical advice every business owner and advisor should understand. Key Points: Why documenting director loans properly can dramatically improve restructuring options. How secured loans give business owners greater control during insolvency. Why prevention is significantly cheaper than trying to fix problems later. Links Matthew Kelly's Linkedin Simon Cathro's Linkedin Krodok website

What does it actually take to build a professional services firm — and sustain its growth over time? In this episode of The Cut , Andrew Blundell speaks with Danny Chiha about the realities of building and scaling a firm from the ground up. From early beginnings working from a dining table to leading a 70-person team, Danny shares a practical perspective on growth — including the challenges of leadership, hiring and maintaining culture as a business expands. The conversation also explores how technology is reshaping the accounting profession, and why human relationships remain central despite increasing adoption of AI. More broadly, it highlights the role of mentorship, long-term thinking and consistency in building something sustainable. What We Cover Building a professional services firm from first principles The challenges of scaling teams and maintaining culture Leadership development and capability building The role of AI in the future of accounting Why long-term thinking underpins sustainable growth Key Insights 1. Growth takes time Building a sustainable business is typically the result of consistent effort over extended periods, rather than short-term acceleration. 2. Scaling is about people Business growth often depends on developing leadership capability and building teams that can operate effectively at scale. 3. Technology and relationships must align While AI and automation are reshaping the industry, client relationships and human judgement remain central to long-term success. Links Kelly+Partners Accountants Simon Cathro's LinkedIn Andrew Blundell's LinkedIn Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts .

Most SME owners don't struggle due to a lack of knowledge — they struggle because they're too busy operating the business to step back and fix what actually drives performance. In this episode of The Cut , Simon Cathro speaks with Mark Calleja , author of The Seven Figure Plateau , about the patterns that keep business owners stuck — and what it takes to move beyond them. Drawing on practical experience with growing businesses, Mark unpacks the common blind spots that limit scale, constrain cashflow and create operational bottlenecks. The discussion covers the shift from working in the business to working on it, the role of systems and discipline, and why many businesses fail despite appearing busy and active. What We Cover Why working in the business limits growth and scalability The systems and structure required to create time and control Common cashflow mistakes that quietly undermine performance Building a team that supports, rather than constrains, growth The mindset shift required to move from survival to scale Key Insights 1. Growth requires stepping back Sustainable growth typically comes from focusing on strategy, systems and decision-making — not just day-to-day operations. 2. Discipline over complexity Consistent processes, regular reviews and clear structure tend to outperform reactive or ad hoc management. 3. Cashflow drives outcomes Strong activity levels don't always translate to performance. Visibility over cashflow, billing and decision-making remains critical. Links Mark Calleja's LinkedIn Simon Cathro's LinkedIn Andrew Blundell's LinkedIn Mark Calleja Accounting The Seven Figure Plateau Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts .

John Melluish, CEO of ARITA, joins The Cut to unpack the current state of Australia's insolvency landscape. From his early experience during the insolvency cycles of the 1980s to now leading the industry's peak body, John shares perspectives on how the profession has evolved — and where it is heading. The discussion explores the post-COVID rebound in insolvency activity, the increasing role of the ATO and the potential for further pressure in the personal insolvency space. John also reflects on the role of insolvency practitioners, including areas where their responsibilities are not always well understood, and how this intersects with stakeholder expectations. The conversation also covers insolvency reform, education pathways and the challenges of modern regulation, including AML obligations. Key Points Why insolvency activity is rising again The role of liquidators and common areas of misunderstanding What's next for insolvency reform in Australia The ATO's influence on market dynamics Timestamps: [00:00:00] The core AML problem: who is the "client"? [00:01:00] John Melluish's appointment as AITA CEO [00:02:00] Career beginnings and insolvency boom in the 80s [00:03:10] Borders collapse and the impact of online retail [00:04:45] AITA's role and industry coverage [00:05:30] Revenue model: membership, events, education [00:06:20] Shift to Registered Training Organisation (RTO) [00:09:00] Insolvency reform: challenges and opportunities [00:11:30] Post-COVID insolvency trends and ATO impact [00:16:00] Complaints, creditors, and public misunderstanding Links : John Melluish Linkedin Simon Cathro's Linkedin Andrew Blundell Linkedin ARITA website

Construction insolvencies now represent one of the largest shares of corporate failures in Australia. While the triggers vary, the underlying pattern is often remarkably consistent: tight margins, poorly defined scope, delayed payments, disputed variations and contractors effectively funding projects from their own balance sheets. In this episode of The Cut, Simon Cathro speaks with Paul Rojas, founder of RA Law Group, to explore why so many construction businesses find themselves in this position — and what operators can do earlier to avoid it. With more than 22 years' experience in commercial litigation, construction disputes, insolvency and debt recovery, Paul has seen the same structural pressures play out across countless projects. The conversation examines the contractual and commercial issues that often sit behind construction insolvencies, and the steps builders, subcontractors and developers can take to better protect cashflow. The discussion also highlights the importance of understanding payment rights under security of payment legislation, managing variations properly and ensuring contracts reflect the commercial realities of construction risk. For businesses operating in one of the most challenging sectors of the economy, proactive contract management and early legal advice can often determine whether a project remains viable or becomes another insolvency statistic. Key Points: Recurring patterns behind construction insolvencies: Many failures follow the same trajectory: poorly managed contracts, unpaid variations, project delays and sustained cashflow pressure. Using security of payment laws effectively: These laws are designed to protect cashflow, but they only work when payment claims are issued correctly and enforced promptly. Early legal and contractual planning matters: Reviewing contracts carefully, understanding termination rights and diversifying client exposure can help prevent financial stress escalating into insolvency. Links Paul Rojas' Linkedin Simon Cathro's Linkedin Andrew Blundell Linkedin RA Law Group

In this episode of The Cut, Simon Cathro sits down with Mitch Taylor, founder of ClaimCloud, to explore a concept still unfamiliar to many Australian creditors: selling creditor claims for immediate liquidity. With over 25 years in credit markets, including time on Wall Street during the GFC, Mitch shares why time is often the most overlooked cost in insolvency. Together, Simon and Mitch unpack how claim trading works, why insolvencies can stretch on for years, and how emotion, uncertainty and litigation shape creditor decisions. This conversation challenges traditional thinking about recoveries and asks whether maximising cents in the dollar should always come at the expense of time. Key Points Time is as important as recovery value - Maximising cents in the dollar often comes at the cost of years of waiting. Creditors are not a single group - Every creditor has different priorities, emotions and financial pressures. Selling a claim should be an option, not a taboo - Claim trading gives creditors control over when they exit an insolvency. Links Mitch Taylor's Linkedin Simon Cathro's Linkedin Andrew Blundell Linkedin ClaimCloud's website

In this episode of The Cut, the conversation dives deep into the hidden complexities of insolvency law and what every director, administrator, and shareholder needs to understand before making their next big decision. From a chickpea trading company that triggered a pivotal case to the misunderstood power of subordinated creditors, this episode dissects real-world examples that show how "reasonable" actions can quickly become legally dangerous. Guest Pavlos Stavropoulos , a senior disputes and insolvency solicitor at Addisons , breaks down three critical areas - unreasonable director-related transactions, subordinated creditor rights, and derivative leave applications, offering clarity on where risk meets responsibility. Whether you're a director seeking to protect your position or an insolvency practitioner managing complex stakeholder claims, this episode reveals how to approach each scenario with strategic insight and legal precision. Key Points Understanding unreasonable director-related transactions is crucial — they can apply even when a company isn't insolvent. Subordinated creditors can have limited but important rights in external administrations — if the court allows it. Derivative leave applications reveal how legal power struggles inside companies can turn into court-sanctioned corporate warfare. Links Pavlos Stavropoulos' LinkedIn Simon Cathro's Linkedin Andrew Blundell Linkedin Addisons website

In this episode of "The Cut", the conversation dives into how AI is being used inside law firms, what it's getting wrong, and the new rules emerging around its use in legal proceedings. Featuring "Jarrod Munro", Partner at "Cornwalls Lawyers", this discussion unpacks real examples—from court restrictions to hallucinated legal cases—to reveal the promise and peril of AI in professional industries. Jarrod explores how AI's efficiency can help lawyers and accountants focus on higher-value work while warning of the ethical, accuracy, and confidentiality pitfalls that still plague the technology. Listeners will walk away with a sharper understanding of how to integrate AI responsibly, spot its blind spots, and future-proof their professional practice. Key Points AI's speed doesn't mean accuracy—hallucinations and bias remain huge risks if you don't verify results. Confidentiality and compliance are still human responsibilities, even when AI handles the grunt work. The firms that learn how to train, audit, and ethically deploy AI will outpace those who ignore it. Timestamps [00:00] Why trusting AI output is a dangerous assumption [02:27] What AI really is (and why it's not that new) [04:23] How AI impacts the legal and accounting industries [06:23] Why AI can't be trusted for legal research [08:00] Court rules on AI-generated affidavits [11:18] The hidden confidentiality risks in AI use [13:02] Efficiency vs. accuracy—real examples from practice [14:47] AI hallucinations and their legal fallout [20:00] Bias, black box problems, and real-world AI disasters [33:14] What the future of AI means for lawyers and accountants Links Jarrod Munro's Linkedin - https://www.linkedin.com/in/jarrod-munro-5953ab58/ Simon Cathro's Linkedin - https://www.linkedin.com/in/simon-cathro-b6a6b21/ Andrew Blundell Linkedin - https://www.linkedin.com/in/andrew-blundell-2a54664/ Cornwalls website - https://www.cornwalls.com.au/

Australia's property market is full of contradictions—capital is abundant, demand is surging, yet developments are stalling. In this episode of The Cut, listeners get an unfiltered look at what's really holding the sector back, from a mid-market feasibility crisis to the construction insolvency wave that's shaken the industry. Learn how regulatory changes, labor shortages, and private credit expansion are impacting the market today—and where opportunity lies for those ready to adapt. Dominic Lo Surdo, Executive Chairman of Stamford Capital and President of CAFBA, shares candid insights from the frontlines of real estate lending and development. With access to over $6.3B in pipeline deals and responses from 100+ lenders in their Debt Capital Market Survey, he sheds light on the emerging trends, the data gaps that regulators are scrambling to fill, and what needs to happen next to unlock housing supply. Key Points The construction industry is under immense financial pressure, with insolvencies hitting record levels—yet capital is readily available if feasibility and labor align. Regulatory reforms and building commissioner crackdowns are lifting quality, but the market still lacks contractor depth to meet urgent housing demands. Private lending is booming amid tight bank conditions, but growing scrutiny from ASIC suggests a call for more transparency and self-regulation. Timestamps [00:00] – The paradox of a capital-rich, labor-short property market [01:03] – Intro to Dominic Lo Surdo and overview of Stamford Capital [03:21] – Current market conditions: risk, feasibility, and stagnation [06:08] – Construction insolvencies and their ripple effect [08:52] – The housing crisis vs. broken developer-contractor dynamic [10:58] – TOD zones and how they're reshaping feasibility [13:46] – Building commissioner reforms and consumer trust [16:43] – Insights from the Real Estate Debt Capital Market Survey [22:51] – ASIC's private credit review and future industry regulation [34:32] – Property outlook: What's next for the next 2–3 years Links : Dominic Lo Surdo Linkedin Simon Cathro's Linkedin Andrew Blundell Linkedin Stamford Capital Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts

In this episode of The Cut , hosted by Simon Cathro , we dive into how payroll compliance has shifted from being just a back-office function to a critical boardroom responsibility. Our guest, Marcus Zeltzer , co-founder of Yellow Canary , explains how technology is transforming payroll compliance—from reactive clean-up to proactive clarity. Even Australia's largest employers are struggling with complex rules hidden deep inside awards, and Marcus unpacks why compliance is not about intention but interpretation. You'll also hear how Yellow Canary's audit platform mirrors the Big Four process—only faster, clearer, and without the price tag. From IPO readiness to whistleblowers, discover the surprising triggers that push businesses to take compliance seriously. Key Discussions Compliance is now a boardroom issue —not just payroll administration. How AI is cutting compliance work from months to days , reshaping entitlement audits, litigation, and safe harbour. Why poor records, data gaps, and unclear laws destroy more than money—they destroy trust. What motivates organisations: whistleblowers, IPOs, M&A, and enterprise bargaining. Timeline Highlights [00:45] – Marcus' journey: from law school dropout to tech founder [03:59] – The spark for Yellow Canary: wage theft, media, and margins [05:00] – How the platform works and why it's different to the Big Four [06:30] – Go-to-market strategy and early law firm partnerships [08:00] – A typical client engagement from start to finish [10:00] – Award simulation tool and AI-driven rule accuracy [13:59] – What motivates clients to engage Yellow Canary [17:00] – The future of enterprise bargaining and tech-enabled dispute resolution [24:59] – Cutting M&A audit time from five weeks to five days [32:30] – What insolvency firms need to know about AI in payroll cases Links Guest: Marcus Zeltzer on LinkedIn Simon Cathro on LinkedIn Andrew Blundell on LinkedIn Yellow Canary Website

Litigation finance is reshaping how high-stakes disputes are fought—and who wins. In this episode, Matt Lee from Lindsay Francis Mengen, a specialist in arbitration and former head of Australia's largest litigation funding operation, shares how litigation funders assess cases, manage risks, and decide whether a claim is worth backing. For anyone working in insolvency, restructuring, or high-value disputes, this is an inside look at what funders really want. You'll also learn how arbitration can offer a faster, more private alternative to court—if managed correctly. From freezing orders to enforcement risk, Matt dives into the practical realities that often determine whether a case succeeds or quietly fails. Packed with actionable insights for liquidators, lawyers, and anyone considering legal funding, this episode is essential listening for navigating complex legal recoveries. Key Points: Litigation funders assess more than just legal merit—they evaluate people, psychology, and probability. Arbitration can be faster and private—but only if the arbitrator drives the process effectively. Freezing orders and early mediation aren't just strategy—they can determine whether you recover anything at all. Timestamps : [00:03] What litigation funding actually is and how it works [05:00] Beyond class actions: corporate use of legal finance [07:32] The role of funders during litigation—not just money [09:50] What funders analyze: success, damages, recoverability [11:53] Why good claims still don't proceed in insolvency cases [14:30] When is the right time to mediate? [18:45] Assessing the people behind the claims [21:00] How freezing orders stop asset flight during litigation [23:01] What arbitration is and how it differs from court [28:00] How long arbitration takes and what can go wrong Links Matt Lee's Linkedin Simon Cathro's Linkedin Andrew Blundell Linkedin Lindsay, Francis & Mangan website Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts

Building a successful practice demands more than technical skill—it calls for relentless commitment, strategic mindset shifts, and the courage to delegate. In this episode of The Cut , host Andrew Blundell sits down with Nick Hitchens , founder of Hitch Advisory, to trace his rise from managing distressed pub sales to advising on high-stakes M&A deals. What You'll Learn: Why the First Five Years Matter: Most firms plateau or fail around year five. Nick explains the "all-in" mentality required to push through that critical period. Delegation as a Growth Engine: Clinging to every task breeds burnout. Discover how entrusting your team can free you—and your firm—to scale. Redefining Success: Beyond revenue, true success means building a capable team, creating opportunities, and making a lasting impact. Whether you're leading a professional services firm or scaling a specialist team, this conversation will shift how you think about leadership, growth, and long-term achievement. Links Nick Hitchens' LinkedIn: https://www.linkedin.com/in/nick-hitchens/ Andrew Blundell's LinkedIn: https://www.linkedin.com/in/andrew-blundell-2a54664/ Hitch Advisory: https://hitchadvisory.com/ Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts

When a business faces insolvency, one of the most overlooked yet critical aspects is ensuring that administrators and receivers are legally and correctly appointed. In this episode of The Cut, expert insolvency lawyer Nick Christiansen from Sparke Helmore joins the conversation with host Simon Cathro, to break down valid vs. invalid appointments, the risks insolvency practitioners face, and what business owners need to know before making any decisions. From understanding how appointments are challenged in court to why remuneration is such a hot topic in insolvency, this discussion sheds light on the legal and financial pitfalls that can make or break a business in distress. If you're a business owner, creditor, or insolvency professional, this episode is packed with insights that could save you from costly mistakes. ⁠Key points discussed in this episode: Valid vs. Invalid Appointments Matter – Administrators and receivers must conduct due diligence to ensure legal appointments; mistakes can result in personal liability. Remuneration Isn't Always Guaranteed – Insolvency professionals must prove their fees are reasonable, and creditors can challenge them in court. Creditors Have More Power Than They Think – From challenging fees to influencing court decisions, creditors play a bigger role in insolvency than most realize. Links: Nick Christiansen's Linkedin Simon Cathro's Linkedin Sparke Helmore Lawyers official website ASIC Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts .

In this episode of The Cut, Simon Cathro speaks with Hannah Griffiths from Pinsent Masons. Their discussion provides valuable insights into the complexities of insolvency proceedings, the various types of claims available to liquidators, and the importance of thorough investigations in pursuing these claims. Hannah Griffiths is the head of restructuring and insolvency at Pinsent Masons. She has over 15 years of experience in insolvency and restructuring⁠. She advises insolvency practitioners and boards on insolvency-related issues⁠. Key points discussed in this episode: Introduction to voidable transactions and insolvent trading⁠ A case study of a property development company liquidation⁠ The process of procuring funding for liquidator claims⁠ Types of claims available to liquidators, including uncommercial transactions, unreasonable director-related transactions, and insolvent trading⁠ The role of public examinations in gathering evidence for liquidator claims⁠ The concept of de facto directors and their potential liability⁠ Links Hannah Griffiths Linkedin Simon Cathro's Linkedin Pinsent Masons official website Federal Court of Australia – Insolvency Practice Notes Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts .

In this episode of The Cut, Simon Cathro speaks with Keiran Breckenridge and Jonathon Turner from Lander & Rogers about secured creditors and receiverships, a topic not covered in previous episodes⁠ Jonathan Turner is a partner at Landers and Rogers, specialising in corporate restructuring, insolvency, and finance. He joined the firm about 15 months ago, moving from NRF⁠. Jonathan's expertise and experience contribute to Landers and Rogers' growing focus on corporate restructuring, insolvency, and finance Keiran Breckenridge is a special counsel at Landers and Rogers, specializing in insolvency law. He has been with the firm for seven years. Prior to joining Landers and Rogers, Keiran took a few years to work in regional New South Wales, specifically in Tamworth and Armidale, as part of a "tree change" with his wife⁠. This diverse experience in both city and country legal practices has contributed to his comprehensive understanding of insolvency law and practice. Key points discussed in this episode: Overview of Lander & Rogers, its history, and recent growth in the corporate restructuring, insolvency, and finance space The increasing trend of receiverships and the changing landscape of lenders in the market The importance of security reviews and investigating accountant reports in the receivership process Options available to secured creditors, including receivership, mortgage in possession, and voluntary administration This episode provides valuable insights into the current state of receiverships and the role of secured creditors in the insolvency process. Links Keiran Breckenridge's Linkedin Jonathon Turner's Linkedin Simon Cathro's Linkedin Lander & Rogers Insolvency and Restructuring Australian Restructuring Insolvency and Turnaround Association (ARITA) Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts .

In this episode of The Cut Andrew Blundell speaks with Courtney Macdade and Rebecca Dalais from the the Department of Employment and Workplace Relations FEG Recovery Program's Recovery Funding team. Courtney Macdade is the Acting Principal Government Lawyer in the Department of Employment and Workplace Relations FEG Recovery Program's Recovery Funding team. She is based in Brisbane with over 8 years practising in restructuring and insolvency and dispute resolution and litigation funding. Courtney is focussed on engaging with liquidators as early in administrations as possible as well as collaborating with other government departments to enhance outcomes for employees. Rebecca Dalais is a Senior Government Lawyer in the same team, with over 13 years' experience in the insolvency industry, as an accountant then lawyer and now litigation funding specialist. She enjoys the strategic element of litigation, ongoing assessment of risk and recoverability and providing support to liquidators and their legal teams. Rebecca has a strong interest in alternative dispute resolution including mediated outcomes which limit the time and costs of the traditional litigation path. This episode dives deep into the evolving role of the Fair Entitlements Guarantee (FEG) in insolvency and litigation funding. FEG's expansion into super guarantee debt collection offers more avenues for recovery, allowing liquidators to target broader claims The FEG funding team prioritizes early engagement with liquidators, significantly improving recovery rates and reducing legal fees. FEG's flexible approach to litigation allows liquidators to pursue sub-$5 million claims and tackle Phoenix activities effectively. Links Rebecca Dalais Linkedin - https://www.linkedin.com/in/woodrebecca/ Courtney Macdade Linkedin - https://www.linkedin.com/in/courtneymacdad Andrew Blundell Linkedin - https://www.linkedin.com/in/andrew-blundell-2a54664/ FEG Online Services - https://fegonlineservices.dewr.gov.au/

In this episode of The Cut, host Andrew Blundell, Principal at Cathro & Partners, is joined by Anna Taylor, Principal at Results Legal, to discuss various aspects of insolvency, debt recovery, and trade credit. Key Takeaways: Understanding Director Obligations: Anna emphasizes the need for directors to be more aware of their obligations and liabilities, suggesting the need for mandatory education before director appointments. Trade Credit Challenges: The discussion delves into the current challenges faced by trade credit businesses, including an increase in disputes, preferences, and equitable priority disputes. Risk Mitigation Strategies: Anna highlights the importance of setting up for success by having appropriate contracts, understanding customers, and proactive credit management to mitigate risks. Advocacy and Proactiveness: The conversation emphasises the need for proactive communication with insolvency practitioners, particularly in cases of appointments, to protect the interests of creditors and ensure timely responses. This episode provides valuable insights for insolvency practitioners, creditors, and businesses on effectively navigating the complexities of trade credit, insolvency, and debt recovery. Tune in to gain practical advice and strategies for asset protection and preservation in insolvency scenarios. Links: • Anna Taylor LinkedIn – https://www.linkedin.com/in/anna-taylor-b2a4393a/ • Results Legal – https://resultslegal.com.au/ • Andrew Blundell Linkedin – https://www.linkedin.com/in/andrew-blundell-2a54664 • Cathro & Partners Website – https://cathropartners.com.au/ • ASIC Guidance on duties of directors of mutual companies – https://asic.gov.au/for-business/running-a-company/company-officeholder-duties/guidance-on-the-duties-of-directors-of-mutual-companies/