Our Services

Orange Tree Insolvency Pty Ltd can provide general insolvency advice to directors, shareholders and external advisors for a variety of reasons.

In circumstances where a formal appointment is appropriate, Orange Tree Insolvency Pty Ltd can undertake the following major categories of administrations:

The liquidation of an insolvent company or association initiated by the directors/shareholders

A liquidation of an insolvent company initiated by a creditor applying to Court for an order to wind up.
A formal appointment initiated usually by the directors (can be a secured creditor) to have an independent practitioner assess and put forward the options available to the creditors. Is a forerunner to proposing a deed of company arrangement

A deed of company arrangement is a possible outcome from a voluntary administration that formalises an arrangement voted on by creditors during a voluntary administration

Where an appropriately secured creditor, appoints a Receiver to realise assets to satisfy the appointor’s debt

The liquidation of a solvent company or association initiated by the directors/shareholders.

For a variety of reasons, placing a company into a members voluntary liquidation (MVL) is a desirable step.

These reasons can include:

  • Accessing accumulated profits in a tax effective manner.
  • The company has sold its business/assets.
  • The company is surplus to requirements and removes the yearly cost of maintaining the entity.
  • The separation of business interests (amicable and sometimes confrontational).
  • Group reorganisations, especially following acquisitions.
  • Disputes between directors and shareholders.

To commence the MVL process a majority of the directors will be required to sign a declaration of solvency stating that they have formed the opinion that the company will be able to pay its debts in full within a period not exceeding 12 months after the commencement of the winding up.

Roger has over thirty years’ experience conducting MVLs. Contact us today to discuss your needs and in the large majority of cases, obtain an extremely competitive fixed quote.

In addition, Roger is often called on to provide general insolvency advice to directors, shareholders and external advisors for a variety of reasons.

Ready to talk?

Contact Roger today to arrange a confidential appointment to discuss your financial affairs and develop a strategy to move forward.

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