News & Insights

Wexted were appointed Court Receivers of certain Trustee entities and assets of the PeakInvest Hotel Group in late 2021. Although the Hotel Assets were sold quite quickly, the final distributions to investors could not be made until far more recently. In this article we dive into the background and outline some of the issues involved in selling assets and resolving investor returns, in complex stakeholder situations

9TH MAY 2025

The Reserve Bank of Australia (RBA) has recently published its biannual Financial Stability Review (FSR), which includes comprehensive analyses on the current rise in company insolvencies and its implications for financial stability. We have summarised the key points from the FSR with our observations in this article.

7TH MAY 2025

A recent Administrative Review Tribunal of Australia case considered the implications of a Safe Harbour Advisor taking an Appointment as Liquidator and whether he should be “publicly admonished or reprimanded” for his conduct. Wexted reviews the case and findings.

30TH APR 2025

Actions have consequences, but we have to make tough decisions.  Is the bird (or the money) in the hand better than what's in the box? Just like on Pick a Box, often in business and litigation, we need to weigh up the value of what is here today against what might be available another day. n this article we weight cause and effect of litigation.

7TH MAY 2025

The Turnaround is Wexted’s flagship podcast series diving deep into corporate insolvency, restructuring and turnaround. Take a look at our episode archive today.

7TH MAY 2025

In this episode of The Turnaround Joe Hayes and ARITA CEO John Winter discuss accomplishments, tensions and the power of ethical advocacy.

7TH MAY 2025

In this week's Turnaround Podcast Wexted's leaders Chris Sequeira, Rebecca Wilson, and Chris Johnson dive into the NFP sector: reviewing healthcare and hospitals, charities, regional challenges and the impact of decreased government funding.

7TH MAY 2025

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.

25TH MAR 2025

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.

7TH MAY 2025

In this episode of The Turnaround Podcast, Wexted's new leaders Chris Sequeira, Rebecca Wilson, and Chris Johnson discuss the evolving landscape of corporate insolvency, and the unique challenges businesses face in their respective regions of Queensland, New South Wales, and Victoria.

7TH APR 2025

Small Business Restructuring (SBR) is becoming more and more popular since its introduction in January 2021. Jessie Wang has answered some frequently asked questions in relation to SBR’s…

7TH MAY 2025

The Australian Government’s Department of Employment and Workplace Relations (DEWR) has released a discussion paper titled "Addressing Corporate Misuse of the Fair Entitlements Guarantee", which explores reforms to curb the misuse of the FEG scheme. In this article, Wexted takes a closer into the nature of such abuses and applaud efforts to improve the scheme.

7TH MAY 2025

Australia's insolvency landscape has undergone significant changes in recent years, marked by pandemic-driven reforms and significant economic challenges. This article examines current insolvency trends and evaluates the effectiveness of the Small Business Restructuring (SBR) regime introduced in 2021. It also covers important updates to Australian Securities Investments Commission (ASIC) guidance.

7TH MAY 2025

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...

7TH MAY 2025

In the game of lift, he's just a dreadful goalhanger! Understanding the causes of business failure — are they simple or complex?

7TH MAY 2025

With new offices in Melbourne and Brisbane and three new experienced leaders joining the Wexted team — we thought now is the perfect time to get to know Chris Sequeira, Rebecca Wilson and Chris Johnson a little bit better.

20TH FEB 2025

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.

7TH MAY 2025

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...

28TH FEB 2025

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.

7TH MAY 2025

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...

19TH MAR 2025