Dealing with a Restructuring Practitioner
The restructuring process allows eligible companies to retain control of the business, property, and affairs of the company while it develops a plan to restructure the company’s affairs with the assistance of a restructuring practitioner. It also allows the company to enter into a restructuring plan with creditors.
Anna and Nicholas will provide an overview of how to handle queries from a restructuring practitioner, actions you should take and other considerations to this process.
The presentation will cover:
- What are the eligible criteria for restructuring?
- Who is an effected creditor?
- Who is an excluded Creditor?
- What is an admissible debt or claim?
- Who can act as a restructuring practitioner?
- What is the roll of the restructuring practitioner?
Anna is a solicitor admitted to the Supreme Court of Queensland and the High Court of Australia holding a Bachelor of Laws degree and Bachelor of Arts degree from Griffith University. Anna joined Results Legal almost 12 years ago and has progressed through the firm’s expansion to Principal. Today Anna leads the Trade Credit and Legal Recovery team managing a substantial team of solicitors and paralegals. Anna takes a big picture approach to developing effective litigation strategies for clients which utilises her specialist technical legal knowledge across the full spectrum of legal debt recovery, commercial litigation, and insolvency law. Anna is heavily involved with the Australian Institute of Credit Management (AICM) and a big supporter in the “Women In Credit” (WINC) initiative.
Nicholas has extensive experience acting on behalf of creditors in contractual and commercial disputes, defending unfair preference claims and disputes over personal property against liquidators under the Corporations Act 2001 and Personal Property Securities Act 2009 respectively, and equitable priority disputes involving real property. He acts on behalf of a range of business clients across industry segments including building and construction, trade credit, government, professional advisors, recruitment, and financial services.
This video is also available on the BICB YouTube Channel: https://youtu.be/0JOZyP9wMtk
Panel Discussion by QBCC and NSW Fair Trading – BICB
Tony Gavan and Tika Shelton discuss the work of their organisations in relation to regulation of building practitioners in NSW and Qld.https://iframe.mediadelivery.net/embed/16379/5a9f194b-a0da-4024-9b21-e3b71810e3e3