by Insolvency Australia | Jun 10, 2024 | Business, Insolvency, Restructuring
John and Liam from RRI Advisory were appointed as Administrators of a civil works and earth-moving contractors facing financial challenges. This case study outlines the key actions taken by RRI Advisory to manage the business, address liabilities, and maximise returns...
by Liam Bellamy | Jun 7, 2024 | Business, Finance, Insolvency, Restructuring
The Australian business landscape is wrestling with a surge in insolvencies, which reflects the mounting economic pressures weighing heavily on enterprises across various sectors. As businesses navigate a complex web of challenges, from skyrocketing costs to decreased...
by John Kukulovski | Mar 6, 2024 | Business, Restructuring
The recent decision by the Federal Court of Australia granting leave to proceed against a company despite the appointment of a small business restructuring (SBR) practitioner under the Corporations Act 2001 (Cth) sheds light on important considerations for businesses...
by Liam Bellamy | Feb 14, 2024 | Business, Restructuring
Restructuring has become a crucial tool for companies to remain competitive and resilient. Whether instigated by internal challenges or external market forces, restructuring allows you to realign your strategies, optimize operations, and position your business for...
by Liam Bellamy | Feb 9, 2024 | Business, Finance, Restructuring
Businesses today operate in dynamic environments where change is not just inevitable but often rapid and disruptive. Since 2020, we’ve noticed that restructuring has shifted from being viewed as a sign of failure to a proactive approach for adapting to changing market...
by Liam Bellamy | Dec 18, 2023 | Business, Insolvency, Restructuring
Overview: RRI was appointed as an Administrator for a group of companies involved in the transport business across Victoria and the east coast of Australia. Our appointment arose due to the business being taken over by a related party, which continued operating...