Small Business Restructure in Hospitality at 19.97c/S
We advised on the successful small business restructure for a hospitality business adversely impacted by the COVID pandemic at 19.97c/$.
We advised on the successful small business restructure for a hospitality business adversely impacted by the COVID pandemic at 19.97c/$.
Our client is a disability support service provider, providing its participants with activities, experiences, and social and behavioural support, to improve their independence and daily lives that transitioned from a sole trader to a company in 2020.
Our client was an aboriginal-owned social enterprise bsuiness, connecting Indigenous Culture, Country, Community, the Self and the Sacred that transitioned from a sole trader to a Company in 2019. The small business restructure (SBR) was apprived at 18c/$.
In mid-2021, our client began operating as a gym, providing programs scientifically designed by world-leading Exercise Scientist Brodie Hicks. The gym is membership based and provides regular classes and personal training sessions. It had a significant debt which we resolved for 13 c/$.
Rodgers Reidy has completed a Small Business Restructure (SBR) for an architecture business. It had a significant debt which we resolved for 20.3 c/$.
Our client was a franchised fast-food outlet operating inside a major university and was impacted by lockdowns and closures of the campus during the COVID Pandemic. It had a significant debt which we resolved for 15.52c/$.
Rodgers Reidy has completed a Small Business Restructure of a Security Services business in regional NSW at 25c/$
Rodgers Reidy has completed a Small Business Restructure (SBR) of a bakery with a return of 25 cents in the dollar.
Our client operated a hotel/pub in Victoria with around 40 staff. Like many businesses in the hospitality sector, it suffered greatly from the imposed lockdowns. It had a significant debt which we resolved for 10.82 c/$.
Our client is a family-owned business based in the Central [...]