Whether you are an individual or a business, there may come a time when your financial situation deteriorates and you are no longer able to meet your debt obligations. At this point, it is important to contact an experienced insolvency lawyer Brisbane to seek legal advice. These lawyers are experts in their field and can provide you with a comprehensive range of options for your situation. They will also be able to assist you in navigating the complex and sometimes confusing legal process of insolvency.
Insolvency laws are complex and can vary across states. In Queensland, the law governing insolvency is the State Insolvency Act. The act outlines how a person or company is declared insolvent and how they can be helped out of the situation. It also covers the rights of creditors and the responsibilities of directors in an insolvency situation. The State Insolvency Act also outlines the role of the Court and how it operates in an insolvency case.
There are a number of insolvency and restructuring lawyers in Brisbane who offer a variety of services. One of the most reputable is Ryan Murdoch O’Regan Lawyers, which has a long history of assisting people and businesses in difficult situations. The firm offers a free initial consultation, which can be conducted in-person or over the phone. They will help you find the right solution to your financial problems, and they are always available to discuss your options with you.
Another notable insolvency and restructuring firm is D&D Law, which was established in 2021 by James Daniel following his departure from Thomson Geer. The boutique firm has a team of experts who specialise in restructuring and insolvency, and they can advise both domestic and international clients on a wide range of issues. The firm has a high ranking in the legal directories, and their team of Brisbane-based lawyers are highly regarded by their clients.
Corrs Chambers Westgarth is a well-regarded firm that is regarded as having ‘one of the best and most commercial restructuring teams in Australia’. The team is based in Melbourne, Sydney, and Perth, and it has experience with both corporate insolvencies and retail insolvency matters. The group is led by Cameron Cheetham, who is a ‘highly skilled strategist with excellent commercial judgment’, and Michael Catchpoole, who is renowned for his insolvency litigation skills.
Other notable insolvency and restructuring lawyers in Brisbane include Clayton Utz, which is based in Sydney. The team is regularly engaged in some of the largest restructuring proceedings in Australia, and it has a strong focus on debt recovery. Its highlights include advising the liquidators of big-ticket investment funds and representing renovation franchise Smith & Sons in a Federal Court proceeding alleging oppression.
Gilbert + Tobin fields a versatile group that is spread across its Melbourne, Sydney, and Perth offices. It is primarily instructed by debtors and lenders, with the Sydney-based Nicholas Edwards, who is a’seasoned practitioner with a strong track record on both contentious and non-contentious matters’, and Melbourne-based Zinga Edwards gaining a reputation for her expertise in front-end restructuring.