Summation of Corporate and Personal Insolvency Appointments
The diversity and usefulness of potential Insolvency Appointment tools are often little appreciated.
The below summation covers the majority of potential corporate and personal appointments. For example, the Conveyancing Act in NSW includes provisions which can more readily assist Insolvency Practitioners in setting aside property transactions that may have conferred a disposition of property in favour of a third party. These types of proceedings can often be a more cost-effective recovery process.