Spotlight

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

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…

25TH MAR 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.

1ST APR 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.

19TH 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.

3RD FEB 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

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.

21ST FEB 2025

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

16TH JAN 2025

We're delighted to have several new starters joining us — welcome Nisha, Erin and Calvin to the Wexted family! The Wexted team keeps growing...

16TH DEC 2024

What should Receivers and VA’s commercially consider when structuring sale processes, to both meet the requirements of the law and get timely, valuable and risk-free outcomes?

28TH FEB 2025

SBR Specialist Jessie Wang provides an update on ASIC's latest Restructuring Plan Template and the impact it could have...

6TH DEC 2024

There have been concerns with the subjective nature of the use of the words “a person starts to suspect” insolvency to enliven the Safe Harbour test, what is being done to clarify the concept of “Suspicion of insolvency’ in Section 588GA?

21ST MAR 2025

The Parliamentary Joint Committee on Corporations and Financial Services released its report into Corporate Insolvency in July 2023, more than year ago, signaling a comprehensive review of the Corporate Insolvency Regime was needed. What has happened since? Is it ‘an impenetrable quagmire’ as suggested in the Safe Harbour Panel Review?

16TH DEC 2024