Corporate Insolvency

Corporate insolvency involves financial distress where a company is unable to meet its obligations. These situations can raise questions about available options, stakeholder impact, and the future direction of the company.

We help:

  • Understand the options available when a company is experiencing financial distress
  • Clarify how different insolvency pathways may affect the company and its stakeholders
  • Identify actions to preserve value and manage creditor and director responsibilities
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4.9
74 Google Reviews
Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)

First class advice, service, and communication. I have had the pleasure of working with Velocity Legal for many years across a range of challenging matters and they never fail to impress.

Grant F

Their meticulous attention to detail, unwavering professionalism and strategic approach have delivered an outstanding result. Their level of service is nothing short of impressive.

Jack C

From the initial consultation to the final resolution, they provided exceptional
service and achieved an outstanding result for our case.

Wan Li

We are an accounting firm that works closely with Velocity Legal on all our client's legal matters… Every client who works with their team is delighted and impressed by the clear advice, efficient communication, and seamless process.

Selina L

I highly recommend the team at Velocity Legal. They are extremely knowledgeable, professional, have an eye for detail and their work ethic is second to none.

Mark P

They provided so much support and guidance through the process and I felt like they genuinely cared about getting the right outcome for me. They obviously know their stuff but were able to explain things in a simple and clear way.

Natalie F

Approachable, honest, professional and transparent. An absolute pleasure to work with.

Bob W

4.9
74 Google Reviews
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We Understand What You Are Going Through

Corporate insolvency can arise when a company’s financial position begins to limit its ability to operate as intended. You may be weighing options around restructuring, administration, or winding up, while also considering duties owed to creditors and the ongoing needs of the business.

These matters often involve complex commercial and legal considerations. Directors and stakeholders may be faced with questions about the implications for assets, creditor relationships, and future operations, which can make it difficult to determine next steps.

We understand the challenges corporate insolvency presents. We help you assess available options in a clear and considered way, and understand how different pathways may affect the company and its stakeholders.

Our Services Include

  • Supporting strategic planning ahead of voluntary administration or liquidation
  • Assisting with administration and liquidation processes, including deeds of company arrangement and small business restructuring
  • Advising directors in relation to director penalty notices
  • Acting for creditors in relation to preference claims and recovery strategies
  • Advising creditors on recovery options, including engagement with insolvency practitioners and participation in formal processes
  • Supporting directors and related parties in dealings with liquidators and administrators to protect their interests
  • Providing legal advice to insolvency practitioners during the course of administrations
  • Representing parties in insolvency-related disputes, including voidable transactions and insolvent trading
Our Difference
Accountability & Expertise

Every matter we handle comes with full accountability. You’ll deal directly with an expert – every time, no exceptions.

In Your Shoes

Understanding your unique circumstances and goals - so our advice is practical, personal, and never given in a vacuum.

Transparency & Communication

We speak your language. That means plain, clear advice - what’s happening, why it matters, and what comes next.

50+
Australian Based Team
4,000+
Matters Expertly Handled
10+
Awards & Industry Recognition

Our Process

  1. Book Meeting
    Fill in contact form below or call our office to book an initial consult. You can choose between in-person or video conference.
  2. Get Advice

    You’ll discuss your situation in depth with a senior lawyer. This includes exploring your requirements, goals, and desired outcomes. You’ll walk away from this meeting with a clear understanding of the next steps.
  3. Achieve Outcomes

    Our legal team will work tirelessly to achieve your desired objectives. We work hard, communicate regularly, and pride ourselves on delivering results.
Contact
Take the First Step Today

You don’t have to figure this out alone. Book an initial consult with our expert legal team and get clear answers about your situation.

  • Transparent quotes (no ‘bill shock’)
  • Rapid response
  • Award winning team
Andrew Henshaw
Managing Director
Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)
Our Directors

Managing Director

Andrew Henshaw

Director

Greg Thomas

Director

Jess Hill

Director

Rajan Verma

Director

Seamus Ryan

Frequently Asked Questions
What is corporate insolvency?
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Corporate insolvency refers to situations where a company is unable to meet its financial obligations. It can involve formal processes designed to address financial distress and determine how the company’s affairs are managed.
What insolvency options are available to companies?
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Companies experiencing financial distress may have access to different insolvency pathways, including administration, restructuring, or liquidation. Which options are relevant can depend on the company’s financial position, structure, and objectives.
How does corporate insolvency affect directors?
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Corporate insolvency can involve significant responsibilities and decisions for directors. Considerations may include duties owed to creditors, engagement with insolvency practitioners, and potential exposure arising from the company’s financial position.
What role do creditors play in corporate insolvency processes?
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Creditors are key stakeholders in corporate insolvency. Their rights and interests can influence how insolvency processes unfold, including decisions about restructuring proposals, recoveries, and the future of the company.

Take the First
Step Today

You don’t have to figure this out alone. Book an initial consult with our expert legal team and get clear answers about your situation.

  • Transparent quotes (no ‘bill shock’)
  • Rapid response
  • Award winning team
Book Consult
4.9
74 Google Reviews
Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)