Joseph Hayes
Partner.Sydney.
OVERVIEW
Joe has over 25 years’ experience in the sector, including 13 as a Partner at KPMG and McGrathNicol, before forming Wexted Advisors on 1 July 2017.
Joe is highly skilled working with and advising parties with diverse objectives or disputed positions to achieve best outcomes. Working closely with management, boards, lenders and owners, Joe has undertaken many large and complex restructuring and insolvency cases over a long period. He also has significant expertise in the supervision of complex litigation and the successful settlement of multi-party disputes and has given expert evidence in court proceedings.
news & insights
SPOTLIGHT ON LAW: CASE COMMENTARY ACCEPTING AN APPOINTMENT AS ADMINISTRATOR
Is the appointment for a proper purpose: In a recent Federal Court Case Patel v Pleash, decided on 14 February 2025, the Court considered the diligence an Administrator must exercise prior to accepting an appointment under Section 436C of the Corporations Act. We review the case and decision.
news & insights
The Turnaround Podcast: People With Vision Should See a Doctor!
In this edition of the Turnaround Podcast, we speak to Former Investment Banker and Social Commentator Andrew Low about his new book “We should be so Lucky”. Andrew promotes the proposition that the Australian Way and our success is not a matter of luck, but derives from a blend of political, social and economic institutions and values unique to our way of life.
news & insights
Diversions: I see nothing, I know nothing!! The internal causes of business failure
The causes of failure in an organisation are complex typically broken into internal and external factors. Today, we look at the internal factors that (although complex in practice) are relatively simple to identify and rationalise. Management cannot be in denial about the true causes of failure...
news & insights
Diversions: He's just a dreadful goalhanger! Understanding the causes of business failure
In the game of lift, he's just a dreadful goalhanger! Understanding the causes of business failure — are they simple or complex?
news & insights
Not-to-be-missed upcoming podcasts from the Wexted team
We have a number of new podcasts under production that we look forward to sharing with you! Here is just a sample of the topics you can expect during March, all of which touch on the links between business and restructuring and feature topics relevant to our work and clients, as well as some broader themes.
news & insights
Diversions: Litigation - There's a whole lot of relevance in the circus
For distressed or insolvent companies, sometimes the major route to recovery is tied up in a legal cause of action. However, a misguided approach to litigation can end badly. We look at the features and limitations of litigation — with the assistance of the Marx Brothers...
news & insights
Wexted Welcome Chris Sequeira and launch Melbourne Office
Wexted announce the opening of a permanent home in Melbourne, and welcome our new Partner, Chris Sequeira who will lead our presence in that market.
news & insights
Spotlight on Solvency : Insolvent Trading considered in Seafarms case
A recent appeal judgement in a DOCA termination case, drew attention to the reasons a DOCA is liable to be set aside. However, the Appeal Court disagreed with the Primary Judge that the Company was insolvent prior to Administration. We discuss why...
news & insights
Spotlight on Safe Harbour - Asic tighten up regulatory guidance
Following the Safe Harbour Panel Review, ASIC has now provided “Plain English” regulatory guidance in relation to aspects of Safe Harbour, that will be of help to both Advisors and Directors.
news & insights
Welcoming Rebecca Wilson and launch of the Brisbane Office
Wexted are pleased to announce the opening of a permanent home in Brisbane, and welcome our new Director, Rebecca Wilson who will lead our presence in that market
experience
BANKSIA SECURITIES
BANKSIA SECURITIES WAS A SIGNIFICANT MORTGAGE FUND WITH FUNDS UNDER MANAGEMENT OF AROUND $600M, RAISING FUNDS BY ISSUING DEBENTURES TO RETAIL INVESTORS IN REGIONAL VICTORIA, WHICH PROGRESSED TO THIRD PARTY BORROWERS FOR PROPERTY INVESTMENT.
19TH MAR 2025
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