Illegal Phoenixing
With high-profile cases of illegal phoenix activity back in the news, new funding to crack down on the practice and the establishment of a cross-agency anti-Phoenix taskforce, the obligation of professional advisors to not participate in suspected phoenixing is clear. Where professionals see illegal phoenixing behaviour, there are moral and ethical expectations to report it […]
The unrealistic landlord
The landlord, for most businesses, is the last to know but generally holds all the cards. Dealing with a landlord who is unrealistic however can make your business less likely to be able to survive a restructure or change in your business. If the landlord is unwilling to negotiate on rent arrears or a rent […]
Dealing with social media
Small business can often live and die by social media and the influence of customers and staff, what messaging is necessary though and how can you deal with the negative aspects of this. Failing to address social media concerns can be damaging to the business but equally fueling a problem by over engagement or justification […]
Best decision of my life
We received a letter recently from a client we assisted move into bankruptcy, as background he had been unsuccessfully running a franchised business for five year, paying $2,500 a month in franchise fees to be a handyman, he had not made any money for three years and not drawn a salary since 2016. “Hi Craig, […]
Delusions of Recovery or Turnaround
An oft heard statement is “things are just about to turnaround”. For some business owners this is just an attempt to stave off the inevitable or to buy some more time, but for what end? If there is an expectation of things turning around what is the basis for this, we assisted a hospitality owner […]
Navigating the insolvency maze
For small businesses looking at their options the path of insolvency can be one that has many directions and lots of turns. Getting advice is the key, as what may seem the simplest option may actually have unforeseen or unexpected outcomes. Issues such as personal and director liability, cross collateralisation, personal guarantees or aggressive terms […]
Welcome to C&D Restructure
The team at C&D would like to welcome you to our website. Whilst the name is new the business remains the same. Lead by Craig Dangar, we continue to offer comprehensive support for our professional partners.