THE TURNAROUND
Welcome to the first edition of The Turnaround
Welcome to the first edition of THE TURNAROUND - Wexted’s newsletter, podcast, and webinar series!
This first edition of the Turnaround includes profiles of two of our people (both on very different journeys!) some reflections on recent matters, our involvement in industry events and forums, some contemporary material on Safe Harbour, and some other stuff we hope is of interest!
At Wexted we pride ourselves on striking a balance between our experience and capability, and our efficiency and effectiveness, with direct Partner engagement and rapid responses. Respect, efficiency and confidentiality are at the heart of everything we do!
Over the seven years of our journey so far, we have worked hard to establish ourselves as a firm providing valuable services to our clients, with work across small to medium sized enterprises and startups, through to large, listed companies utilising our Safe Harbour and other restructuring expertise.
Whilst we are presently Sydney based; we will have some exciting news about expansion to follow shortly - stay posted for that in our Spotlight updates!
The Latest from Wexted
CASTING VOTE IN COMLEK WAS FOR A PROPER PURPOSE
The recent decision in Commission of State Revenue and Andrew McCabe and Ors is a timely reminder of the objectives of Part 5.7 of the Corporations Act 2001 and the termination of DOCA’s on the grounds of public interest.
Read the article
Spotlight on Jessie Wang, SBRP
Wexted Advisors Small Business Restructuring Product continues to grow, led by Jessie Wang.
Read the article
RESTRUCTURING FOR CROSS-TASMAN SUCCESS
Joe Hayes of Wexted, together with Josh Cairns, Orla McCoy and Scott Abel participated in a panel at the Banking and Financial Services Law Association conference on the Gold Coast in September, focussed on distressed workouts and the collective Australian and New Zealand approaches to managing insolvent trading and wrongful trading risks.
Read the article
RISK VS REWARD - THE RISK OF ADMINISTRATOR LIABILITY
What characteristics should a potential appointee consider, where a company is insolvent and needs to appoint an Administrator, but appointees are having difficulties determining the risk.
Read the article
WEXTED ANALYST IS A WARATAH
Wexted Advisors analyst Ben Sugars topped off a great season for Randwick Rugby Club with his selection this year in the NSW Waratahs Super Rugby Pacific squad.
Read the article
SAFE HARBOUR – IS IT FIT FOR PURPOSE?
The recommendations from the Government’s Review of the Insolvent Trading Safe Harbour in late 2021 are – finally - now partly implemented. Safe Harbour is getting regular use, and gets a tick of approval, with refinement needed. But what exactly has happened, and how will reforms improve the legislation?
Read the article
Conference Updates – Wexted Advisors Continues to Support Industry Bodies and Networks
At Wexted, we’re fortunate to be able to show our support and share our expertise across an extensive range of restructuring and insolvency bodies and networks. Here’s a quick update on what we’ve been up to and what peaked our interest.
Read the article
Charge it to my head and not my heart
During the US Presidential Election, we have been witness to a lot of ‘speeches’ by both candidates, some of which have been good, some bad, some self-serving, some frankly patronising and offensive.
Read the articleWhen you take away the fears of failure, great ideas emerge.
Thanks for reading
That’s it for this month’s edition of The Turnaround. We hope you found the information and stories insightful — and there’s plenty more to come!
We look forward to keeping you updated on events in and around the corporate restructuring landscape. If you have a question, please don’t hesitate to get in touch, you can email us here or call 02 9210 1700.
Published November 2024
