Rodgers Reidy - 25 Years of Insolvency

Small Business Restructure of a Hospitality business at 10.82 c/$

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/$.

By |2023-09-14T20:44:44+10:0007/03/2023|0 Comments

Small Business Restructure in Transport Industry: 17c/$

Our client was a transport company primarily involved in providing transport services as a subcontractor and suffered financial distress due to escalating fuel costs and an inability to reduce fix costs as market conditions deteriorated (both factors largely arising out of COVID-19).

By |2023-09-29T21:06:50+10:0012/04/2022|0 Comments
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