Restructuring

Registrar skeptical about late stage SBR

Worrells partner Jason Bettles. Worrells principal James Robba. It was bound to happen. A new-ish law, aimed at distressed small businesses and intended to give their embattled owners a shot at survival, inevitably grants them potential scope to diminish the consequences of their actions, just like voluntary administration only cheaper. In the Federal Court yesterday, an example of the Small Business Restructuring Regime’s capacity to…

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Helm duo dump gig as Liquor and Gaming deliberates

Helm Advisory founder Stephen Hathway. Helm Advisory’s Phil Hosking. Helm Advisory duo Stephen Hathway and Phil Hosking have resigned as administrators of The Sydney Portugal Community Club Ltd a day after being appointed thanks to their appointors overlooking the requirements of section 41 of the Registered Clubs Act 1976. The Helm pair accepted the appointment on March 15 and resigned immediately after learning that the…