News and Insights

BTG Global Advisory held its AGM on March 20-21, 2025, at the Kowloon Bowling Green Club in Hong Kong. The meeting brought together senior partners, managing directors, and financial experts from around the world to discuss strategic initiatives for future growth. As a leading international alliance of independent advisory firms, BTG Global Advisory continues to expand its influence across markets, addressing emerging trends and industry challenges.

Communicall GmbH has filed for insolvency with the Local Court of Bayreuth, as the competent court. On 22 January 2026, the court then ordered provisional insolvency administration and appointed attorney Mr Peter Roeger from PLUTA Rechtsanwalts GmbH as provisional administrator.

Mr Zistler and his PLUTA team have kept the hotel (with a total of 29 employees) fully operational since the company filed for insolvency in January 2025 and achieved solid business growth in that time. All jobs have now been saved with the agreement reached. Existing bookings also remain valid.

Insolvency administrator Mr Ingo Thurm from PLUTA Rechtsanwalts GmbH has announced welcome news: the future of Metallgießerei Wilhelm Funke GmbH & Co. KG based in Alfeld has been secured. Creditors unanimously approved the presented insolvency plan at today’s voting meeting.

Insolvency administrator Mr Ingo Thurm from PLUTA Rechtsanwalts GmbH has announced welcome news: the future of Metallgießerei Wilhelm Funke GmbH & Co. KG based in Alfeld has been secured. Creditors unanimously approved the presented insolvency plan at today’s voting meeting.

The creditors’ approval of the insolvency plan is both legally and financially significant. Following court confirmation of the plan, it will be possible to terminate the insolvency proceedings in the near future. This provides the company with legal certainty, clear structures and the basis it needs to continue operating in the long term outside of the insolvency proceedings.

The lead-up to Christmas is meant to be the most wonderful time of the year. However, for many Australian directors, it turns out to be the most dangerous.

This is one of the most persistent and damaging myths we hear every week from distressed clients who are terrified of taking the very step that would actually set them free.

The reality in Australia is very different.

 Bankruptcy lasts 3 years and 1 day from the date your Statement of Affairs is accepted by the Australian Financial Security Authority (‘AFSA’). On day 1,095 you are automatically discharged from bankruptcy. Full stop.

The ATO has materially tightened recovery. In FY2023–24 it issued 26,702 DPNs (up ~50% on the prior year), and by 31 March 2025 had already issued 59,320 for the year to date. Enforcement is back on in earnest.

We are proud to introduce the Rodgers Reidy Australia Asia Advisory service. Our team here and throughout Asia is uniquely positioned to guide both Australian and Asian companies dealing with Asian complexities and Asian stakeholders navigating the cross border rules.

As cross-border trade and investment between Australia and Asia continue to deepen, the need for robust and predictable legal frameworks for when things go wrong has never been greater. Fortunately, Australia provides a beacon of clarity in the often-complex world of cross-border insolvency.

From 1 July 2026, the Superannuation Guarantee (SG) will move from quarterly to payday frequency. Employers will be required to calculate, report, and pay SG with every payroll run – exactly the same time they pay wages.

Reforms to the UK’s national living wage (NLW) are expected to compound the financial and operational pressures already facing UK care homes when announced in the autumn budget. The sector is stretched by soaring costs, a fragile funding model, and intensifying regulatory demands.