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Assist your clients to navigate challenging economic conditions with Practical Law's new Financially distressed businesses topic

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Inflation, high interest rates, shrinking consumer confidence, a tight labour market and a proactive tax office are likely to cause more and more businesses to suffer financial distress in 2024.

Practical Law Insolvency and Restructuring's new Financially distressed businesses topic equips insolvency practitioners with the resources they need to advise their clients on navigating these conditions, whether they are acting for a:

  • Company experiencing financial distress.
  • Director of a company that is in financial distress or approaching insolvency.
  • Stakeholder affected or likely to be impacted by a company's financial distress, whether a customer, supplier or other creditor, contractual counterparty, employee, shareholder, secured party or landlord.
  • Restructuring adviser appointed to advise a company in financial distress.
  • Potential purchaser of the business or assets of a financially distressed company.

Access the new topic here.

By Practical Law Insolvency and Restructuring

Practical Law Australia’s expert legal writers have practical expertise gained from some of the country's leading law firms and corporate legal departments, including Ashurst, Baker & McKenzie, Gilbert + Tobin, Herbert Smith Freehills, the Australian Broadcasting Corporation (ABC) and more. They understand the pressure to deliver timely and cost effective legal advice, which is why Practical Law’s fully maintained practice notes, precedents, drafting notes and checklists offer clear and concise know-how with a practical perspective.

For more information on Practical Law Australia’s legal writing team, visit

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