Risk Watch Essentials - January 2023

Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for January 2023 including:

Winding Up applications filed with the Court in January 2023
Formal Appointments in January 2023

Small Business Restructuring

During the month of January 2023, 48 companies appointed a Restructuring Practitioner in relation to the Debtor in Possession restructuring process for small businesses.

There were eight (8) winding up applications filed by the ATO in January 2023. This is only a fraction of the number of the winding up applications that the ATO routinely filed prior to the pandemic.

Click here to read more and view the full report