Rodgers Reidy
28/04/2021
Rodgers Reidy
Bankruptcy or Liquidation?
The terms bankruptcy and liquidation are often used erroneously. Put simply, bankruptcy relates to an individual and liquidation relates to a company. In Australia bankruptcy is a legal process for an individual (rather than a corporate entity) when they are unable to repay their debts. The Bankruptcy Act 1966 covers insolvency for individuals. Perhaps the reason that terms are used incorrectly arises from the USA where “bankruptcy” is commonly used for a company which is insolvent (the inability to pay its debts when they are due) and companies can file for bankruptcy. Read More
07/04/2021
Rodgers Reidy
Lunch n Learn Webinar - Binding Financial Agreements
Your client is getting married and you don’t know how to broach the idea of a Binding Financial Agreement (BFA) or exactly what a BFA can achieve for your client. Think about how hard it might be for your client to raise it with their future spouse, and how you can help by understanding the process, risks and benefits. Read More
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