News Articles
Retaining the family home in bankruptcy
There are many adages about the family home, such as ‘home is where the heart is’, ‘home sweet home’ and ‘there is no place like home’. This is because the family home is where cherished lifetime memories are made. The family home is also often the single biggest asset available to a trustee in many […]
Growth through acquisition – what you need to know!
SME MASTER PLAN SERIES – PART 2 OF 4 Part 1 of our series covered “the importance of having the right business structure” Click here for article This article is the second of the four-part series aimed to help SMEs leverage opportunities to boost their business in these distressing times. It outlines “what you need […]
The importance of having the right business structure
SME MASTER PLAN SERIES – PART 1 OF 4 This article is the first of a 4-part series aimed to help SMEs leverage opportunities to boost their business in these distressing times. In this series, Riad Tayeh, Partner at dVT Group, covers four key areas: Part 1 – Restructuring a business Part 2 – […]
Congratulations – our new Trustee – Anthony Bagala
We wish to congratulate Anthony Bagala, who has had his application approved to become a registered trustee in bankruptcy. Anthony joined the dVT Group in 2008 with a broad level of experience in insolvency and tax. His versatility allowed him to become an adaptable member of our team, offering valuable input into all types of […]
Practical tips to reduce the costs of receiverships to improve outcomes
Appointing a receiver is very different to appointing a liquidator or administrator. Receiverships are useful and become necessary in circumstances when all other options are unsuccessful, and confidence has been lost in a borrower’s ability to meet their obligations. There are also different consequences for creditors of the company and other related parties in a […]
Why a Business Continuity Plan? It’s your “Plan B”
Business disruptions can impact organisations of any size and can happen at any time. They can be things like natural disasters, cyber-attacks, supply chain failures. This year we have seen a combination and over the past few months, the phrase “business continuity plan (BCP)” has been thrown around so many more times than before. We […]
Happy retirement and painting – David Solomons
Retirement only happens once in a lifetime and for dVT Group this is our once in our lifetime retirement announcement. It is both with joy and sadness that we announce the retirement of David Solomons, effective from 30 June 2020. After a distinguished career in education and commerce, David joined our firm in 2004 as […]
How does COVID-19 impact business valuations?
COVID-19’s global spread has affected businesses worldwide, dramatically reducing or even completely stopping business outputs amid an unprecedented demand and supply shock. Growing uncertainty within global markets may drive business owners to evaluate the future of their own business and may turn to conducting valuations on their own businesses to determine their current value. But […]
Reduced number of bankruptcies during Coronavirus. Is this good news and what happens come September?
Changes to the bankruptcy laws have kept creditors of individual debtors at bay, and government assistance has probably staved off the need for a debtor to voluntarily seek bankruptcy protection. This has created an environment of hibernation. The focus is on what happens next! In a time of economic crisis which we are experiencing, there […]
Changes to insolvent trading – are we safeguarding or impacting the problem and delaying the inevitable?
In one of our recent articles, we outlined in a nutshell the extensive Federal and State packages available to assist businesses in these difficult times, including JobKeeper, cash flow boosts and various business grants available. However, we are finding that whilst this Government assistance is providing temporary support and relief for many businesses, it may […]