Home » Risk Watch Essentials March 2022

Risk Watch Essentials March 2022.

Categories: UncategorizedApril 7, 2022
Categories: UncategorizedApril 7, 2022

Share

The tables and graphs below summarise the data essentials captured from our daily Risk Watch publication, which provides a synopsis of the insolvency market for March 2022.

In addition to the tables below, four (4) companies appointed a Restructuring Practitioner during the month of March 2022 in relation to the Debtor in Possession restructuring process for small businesses.

Winding Up applications filed with the Court in March 2022

Winding Up applications Australia    NSW    VIC    QLD    WA    ACT    SA    NT    TAS
TOTAL 143 31 (22%) 62 (43%) 30 (21%) 5 (3%) 2 (1%) 12 (8%) 1 (1%) 0 (0%)

There was one (1) winding up application filed by the ATO in March 2022

Formal Appointments in March 2022

Formal Appointments Australia    NSW    VIC    QLD    WA    ACT    SA    NT    TAS
TOTAL 583 246 (42%) 150 (26%) 109 (19%) 30 (5%) 14 (2%) 30 (5%) 1 (0%) 3 (1%)
Court Liquidation 69 19 (28%) 27 (39%) 17 (25%) 2 (3%) 0 (0%) 2 (3%) 0 (0%) 2 (3%)
Creditors’/Members’ Voluntary Liquidation 437 186 (43%) 112 (26%) 77 (18%) 20 (5%) 14 (3%) 27 (6%) 1 (0%) 0 (0%)
Voluntary Administration 77 41 (53%) 11 (14%) 15 (19%) 8 (10%) 0 (0%) 1 (1%) 0 (0%) 1 (1%)

Rodgers Reidy is one of the foremost providers of insolvency, forensic and reconstruction services to distressed businesses throughout Australia, New Zealand and Asia. With a strong commitment to integrity and the community, Rodgers Reidy provides a professional and quality service, offering innovative, cost effective solutions.  Please contact any of our directors by clicking the appropriate office below for an initial consultation free of charge.

You can refer Risk Watch to a friend or colleague by clicking the ‘forward it to them’ link available at the bottom of each bulletin. If you want to change the way you receive the emails, you can also update your preferences or unsubscribe at any time.

If you are having difficulty viewing Risk Watch, simply add [email protected] to your contacts in your email client.

Rodgers Reidy

Marketing

Meet our team of experts

Rodgers Reidy

Marketing

Meet our team of experts

Organise a
meeting today.

Contact us