Past Event: Wednesday, May 31, 2023

Navigating Small Business Restructures

The small business restructure (SBR) process was introduced in 2021 as a cost-effective way for a business to compromise up to $1M in debt.

Recent ASIC statistics disclose:

  • The average debt compromise is c. 85% of total debt
  • There is a c. 90% success rate
  • Knowledge of SBRs is limited

Hear from our experts as they share insights on the eligibility criteria, the process we adopt to maximise your chance of a successful outcome for a client and your role as an advisor in the SBR process.

*Members of professional associations can claim attendance at this webinar for CPD/CPE purposes, if you are satisfied in your professional judgment that it meets your CPD/CPE requirements as set out in your professional association’s regulations.

 

Speakers

Cameron Crichton
Partner

Cameron has extensive experience in managing businesses across a broad range of industries with a key focus on building and construction. He is focused on achieving commercial outcomes tailored to the specific needs of the client (including financiers, private companies, government and investors). Core expertise areas includes stakeholder management, supply chain reviews, financial viability reviews, working capital management, profit improvement advice, pre-lending reviews, debt advisory, restructuring and commercial consulting.

John McInerney
Partner

John is a registered liquidator, chartered accountant and member of the Australian Restructuring Insolvency & Turnaround Association and brings over 20 years’ corporate insolvency, restructuring and advisory experience to the Grant Thornton team. John has a passion for working with business owners and their advisers in the dynamic mid-market segment and thrives on formulating cost effective performance improvement and business restructure strategies.

Tianne Nagy-Jones
Director

Tianne has over 9 years’ experience in restructuring advisory and insolvency, having managed companies in Receivership, Liquidation and Voluntary Administration, as well as having lead on various complex legal matters in engagements.