About Heard Phillips

We are a specialist advisory firm providing corporate insolvency, restructuring and forensic accounting services.

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Latest News

  • New Safe Harbour, Early Detection of Insolvency and PPSR for Trading Trusts

    Dec 2017

    In our newsletter last quarter, we introduced the concept of safe harbour and what it was aimed to achieve. The legislation giving effect to safe harbour has now been introduced as Section 588GA of the Corporations Act 2001 (“Act”).

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  • Safe Harbour Reforms and Goverment Pheonix Crackdown

    Sep 2017

    In September 2017 legislation passed through Parliament that is designed to give Australian companies a better fighting chance at avoiding insolvency and formal external administration by offering directors some relief from the harsh insolvent trading laws that currently exist.

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  • Restructuring Law Reform, ATO Debt and your Credit Rating, Public Examinations and AskInsolvency

    Jun 2017

    On 28 March 2017, the Australian Government released an exposure draft of legislation dealing with two key areas of insolvency and restructuring law reform. The legislation may come into effect by early next year.

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  • Unfair Peferences, When to Cease Trading, Retail Woes and PPSR Timing Issues

    Mar 2017

    Most readers will be aware of the corporate insolvency focus of our practice but we are increasingly being engaged for our expert accountant skills in litigation and commercial matters.

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