Reconstruction and Insolvency
We understand the pressures associated with a business facing financial difficulty. Our team has the technical knowledge and practical expertise to minimise the stress in a corporate reconstruction or insolvency process. We work with all stakeholders to mitigate losses, maximise recoveries and preserve value, be it, financial institutions, the tax office, trade creditors or employees.
Palisade Business Consulting deals with all types of formal insolvency processes, including:
• Voluntary administrations
• Creditors voluntary liquidations
• Official (court appointed) liquidations
• Deeds of company arrangement.
When we assist small to medium, public and private, corporates through the formal restructure process positive outcomes are achieved. Internal and external stakeholders appreciate the impact of preserving employment and continuing business operations.
Businesses in financial distress need decision makers to act quickly. If you are in this situation, our team understands the swift evaluation required to identify and implement the most effective strategy for your business.
We devise ways to restructure businesses of all sizes, across a variety of industries. These may include immediate strategies to protect a client’s interests, how to preserve value in a business and how to create a successful outcome for all stakeholders.
Indigenous Corporate Consulting
We regularly work with indigenous organisations across Australia – in both informal advisory services and formal appointments as a Special Administrator.
Our priority is to see the organisations achieve outcomes that benefit their members and the broader community. We work with the board, management, funding agencies and The Office of the Registrar of Indigenous Corporations (ORIC) to improve corporate governance, finance and leadership, whilst in a community controlled environment.
A successful restructure of a business should benefit the members. We always aim to achieve sustainable outcomes for members, as well as employees, the community and stakeholders – such as funding agencies and creditors.
Through our appointment by ORIC as Special Administrator, we assisted the following organisations to restore sustainability and return to community control – so members and the community receive ongoing services:
• Karlka Nyiyaparli Aboriginal Corporation
• Western Australian Family Violence Prevention Legal Service Aboriginal Corporation
• Puntukurnu Aboriginal Medical Service Aboriginal Corporation
• Pike Wiya Health Service Aboriginal Corporation
• Western Desert Lands Aboriginal Corporation RNTBC.