INSOLVENCY SERVICES

FINDING THE BEST OUTCOME — EVEN IN THE MOST DIFFICULT OF MOMENTS

 

In times of financial distress — you need an expert to help you quickly understand your options and guide you towards the best outcome.

 

KNOW YOUR OPTIONS

 

There are often several, better-suited alternatives to insolvency including; ‘Safe Harbour’, ‘Receiverships’, ‘Voluntary Administration’, ‘Liquidations’, ‘Small Business Restructuring’ and more. 

 

That’s why it's so vital to understand your situation in order to find the right solution.

INSOLVENCY SERVICES

Wexted is extensively experienced across all insovency solutions

Receivership

Working with secured lenders to secure outstanding debt, whilst maximise outcomes for all.

Voluntary Administration

Working together to help insolvent companies find the best course of action for all parties involved.

DOCA

Developing the strategy and binding legal agreement for a company and creditors to work towards.

Insolvent Liquidation

Acting as liquidator to recover outstanding creditor debts and successfully wind up its affairs.

Solvent Liquidation

Developing a final exit strategy for financially stable and solvent companies.

INSOLVENCY EXPERTS

We’re fortunate to have some of the sharpest and brightest minds in finance, restructuring and insolvency.

Chris Johnson

2ND FEB 2024

We’re always committed to finding the best possible outcome — for all parties involved.

IS SAFE HARBOUR A VIABLE SOLUTION?

 

Safe Harbour gives companies and directors the time to develop a recovery strategy prior to insolvency scenarios.

OUR EXPERIENCE

Wexted has been trusted by companies, directors and creditors to handle a variety of insolvency cases.

AB KAMBALA FINANCE

Insolvency

AB KAMBALA FINANCE

WE WERE APPOINTED LIQUIDATORS OF THE COMPANIES, TO INVESTIGATE THE AFFAIRS AND WIND DOWN THE COMPANIES.

AIRPORT LINK

Insolvency

AIRPORT LINK

AIRPORT LINK HELD A 30-YEAR CONCESSION TO OPERATE FOUR RAIL STATIONS BETWEEN SYDNEY CITY AND SYDNEY AIRPORT. IT WAS THE FIRST PUBLIC/PRIVATE PARTNERSHIP IN NSW AS WELL AS BEING A PART OF THE OLYMPIC INFRASTRUCTURE.

AUSTRALIAN PRESTRESSING SERVICES PTY LIMITED

Insolvency

AUSTRALIAN PRESTRESSING SERVICES PTY LIMITED

VOLUNTARY ADMINISTRATORS OF A POST TENSION CONCRETING BUSINESS WITH 100 EMPLOYEES OPERATING ACROSS 70 BUILDING PROJECTS IN NSW AND VIC.

BANKSIA SECURITIES

Insolvency

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.

BIOGREEN ENERGY

Insolvency

BIOGREEN ENERGY

BIOGREEN OWNED THE REDBANK POWER STATION. OUR KEY ROLES WERE TO INVESTIGATE THE SOURCE AND APPLICATION OF FUNDS, THE SALE PROCESS, AND ASSIST THE PURCHASER.

COUNTRY RUGBY LEAGUE OF NEW SOUTH WALES LIMITED

Insolvency

COUNTRY RUGBY LEAGUE OF NEW SOUTH WALES LIMITED

TO ASSIST WITH CRL’S AMALGAMATION WITH NEW SOUTH WALES RUGBY LEAGUE, CRL MEMBERS APPOINTED US AS MEMBERS VOLUNTARY LIQUIDATORS FOR THE PURPOSES OF A SOLVENT WINDING UP.

DICK SMITH GROUP

Insolvency

DICK SMITH GROUP

DICK SMITH OPERATED CONSUMER ELECTRONICS RETAIL STORES THROUGHOUT AUSTRALIA AND NEW ZEALAND, FROM OVER 390 LOCATIONS AND WITH MORE THAN 3,000 EMPLOYEES.

DIRECT FACTORY OUTLETS

Insolvency

DIRECT FACTORY OUTLETS

DFO CANBERRA WAS HEAVILY AFFECTED BY A RANGE OF ISSUES IMPACTING THE RETAIL SECTOR.

ESTATE PROPERTY GROUP

Insolvency

ESTATE PROPERTY GROUP

ESTATE PROPERTY GROUP WAS A SUBSTANTIAL PROPERTY INVESTMENT FUND, WITH A LARGE NUMBER OF SECURED LENDERS.

EZI INSTALLATION PTY LIMITED

Insolvency

EZI INSTALLATION PTY LIMITED

WE WERE APPOINTED LIQUIDATORS OF EZI INSTALLATION A COMPANY WHICH SPECIALISED IN ROOFING INSTALLATION SERVICES.

FREEDOM INSURANCE GROUP LIMITED

Insolvency

FREEDOM INSURANCE GROUP LIMITED

WE ARE MEMBERS VOLUNTARY LIQUIDATORS OF FREEDOM INSURANCE GROUP LIMITED (IN LIQUIDATION) AND ITS 6 SUBSIDIARIES (THE GROUP).

FULCRUM AUSTRALIA

Insolvency

FULCRUM AUSTRALIA

WE ARE LIQUIDATORS OF THE AUSTRALIAN SUBSIDIARY, WHICH WAS THE TRADING ENTITY IN AUSTRALIA.

FULCRUM GROUP

Insolvency

FULCRUM GROUP

WE ARE LIQUIDATORS OF THE HOLDING ENTITY AND THE SOLE SHAREHOLDER OF THE AUSTRALIAN SUBSIDIARIES.

GLADSTONE UNITED PTY LIMITED & CELTIC PACIFIC PROPERTIES PTY LIMITED

Insolvency

GLADSTONE UNITED PTY LIMITED & CELTIC PACIFIC PROPERTIES PTY LIMITED

WE WERE APPOINTED ADMINISTRATORS OF GLADSTONE AND CELTIC WHICH JOINTLY OWNED THE GLADSTONE CENTRAL SHOPPING CENTRE, QLD.

HENRY WALKER ELTIN GROUP

Insolvency

HENRY WALKER ELTIN GROUP

HWE WAS A PUBLICLY LISTED MINING SERVICES COMPANY. COMMENCING IN 1962, THEN THROUGH A SERIES OF ACQUISITIONS EVOLVED TO PROVIDE MINING SERVICES, ENGINEERING PROJECTS, OPERATIONS AND MAINTENANCE SERVICES IN AUSTRALIA AND OVERSEAS.

HIGHFIELDS DEVELOPMENT PTY LTD

Insolvency

HIGHFIELDS DEVELOPMENT PTY LTD

WE WERE APPOINTED RECEIVERS & MANAGERS OF HIGHFIELDS DEVELOPMENT PTY LIMITED ON BEHALF OF THE SECURED CREDITOR.

ICA MINING PTY LIMITED

Insolvency

ICA MINING PTY LIMITED

RECEIVERS AND MANAGERS OF A GOLD MINING COMPANY IN NT.

JB FINANCIAL GROUP PTY LIMITED

Insolvency

JB FINANCIAL GROUP PTY LIMITED

RECEIVERS AND MANAGERS OF A BRISBANE INVESTMENT HOLDING COMPANY, WE SUCCESSFULLY REFINANCED THE $7.7M SECURED DEBT WITHIN 36 DAYS. RETAINED BY THE INCOMING FINANCIER TO STRUCTURE AN APPROVED DOCA WITHIN 21 DAYS.

LANDSCAPE TANKS PTY LIMITED

Insolvency

LANDSCAPE TANKS PTY LIMITED

VOLUNTARY ADMINISTRATORS OF A MANUFACTURER AND DISTRIBUTOR OF CONCRETE LANDSCAPING PRODUCTS FROM WODONGA, VICTORIA.

LIFT CAPITAL

Insolvency

LIFT CAPITAL

LIFT CAPITAL WAS A SIGNIFICANT MARGIN LENDER PROVIDING LOANS TO RETAIL CLIENTS TO PERMIT THEM TO INVEST DIRECTLY INTO EQUITY SECURITIES VIA THE LEVERAGING OF THEIR INVESTMENTS.

LM INVESTMENT MANAGEMENT

Insolvency

LM INVESTMENT MANAGEMENT

LM WAS THE RESPONSIBLE ENTITY FOR A SERIES OF SIGNIFICANT MORTGAGE AND INVESTMENT FUNDS. FOLLOWING A SERIES OF UNDERPERFORMING PROPERTY INVESTMENTS.

MAC WINDOWS PTY LTD

Insolvency

MAC WINDOWS PTY LTD

RESTRUCTURE OF MANUFACTURER IMPACTED BY COVID-19

MAXILIFE PROPERTIES AUSTRALIA LIMITED

Insolvency

MAXILIFE PROPERTIES AUSTRALIA LIMITED

WE WERE APPOINTED RECEIVERS AND MANAGERS OF MAXILIFE PROPERTIES AUSTRALIA LIMITED

MON PURSE

Insolvency

MON PURSE

MON PURSE (LIQUIDATION): APPOINTED LIQUIDATORS OF AN OMNICHANNEL RETAIL BUSINESS.

OBJECT CONSULTING

Insolvency

OBJECT CONSULTING

WE WERE THE ADMINISTRATORS, AND SUBSEQUENT LIQUIDATORS OF THE COMPANIES. THE COMPANIES EMPLOYED OVER 90 STAFF, PROVIDING IT DEVELOPMENT AND SUPPORT SERVICES TO BLUE-CHIP CLIENTS ACROSS AUSTRALIA.

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