Published on 04 Mar 10
by NATIONAL DIVISION, THE TAX INSTITUTE
This paper covers:
what does it mean to be "insolvent"?
how to tell if an entity is approaching insolvency
what is the difference between an administrator, receiver, liquidator or trustee in bankruptcy?
what are some of the common tips/traps for negotiating with creditors, including the ATO as a creditor?
what transactions can be unwound in insolvency?
is superannuation really protected?
Paul Cook is a Chartered Accountant and a Director of Paul Cook & Associates, a boutique insolvency and reconstruction firm. his professional expertise is based on a sound understanding of accounting practices,
a wealth of relevant industry experience, and excellent knowledge of legal issues relating to reconstruction
and highly developed leadership, mediation and interpersonal communication skills. Paul’s experience spans
both private and government sectors, including professional assignments at state and federal levels and first hand experience witha major international accountancy firm. Paul is the immediate past President of
the Insolvency Practitioners Association. Current at 02 September 2010
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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