We act for administrators, receivers and liquidators providing efficient legal representation on special applications and clear advice on statutory obligations. Our team effectively assists insolvency practitioners with the recovery of monies from creditors, including negotiations with creditors, company officers and shareholders, and prepares effective restructuring documentation including Deeds of Company Arrangement and Creditors Trusts. We advise our clients in relation to recovery actions including voidable transactions and unfair preferences, and assist with securing litigation funding to commence recovery proceedings.
Recovery and Insolvency
Pragma advises and represents companies, creditors and insolvency practitioners in a broad range of Corporations Act matters.
Pragma provides advice and representation to individual and corporate creditors of insolvent companies. We act on behalf of creditors against whom voidable transaction or unfair preference proceedings have been commenced or foreshadowed, and negotiate in our clients’ bests interests.
We also provide companies and individuals with proficient debt recovery services, including the issue of statutory demands and institution of winding up proceedings. We negotiation on behalf of our clients to deliver pragmatic and cost-effective results.
Pragma provides advice and representation to company officers with respect their duties in the context of ongoing compliance or litigation. We act for directors in examinations conducted by insolvency practitioners and ASIC, in contested winding-up proceedings or setting aside of statutory demands, in the defence of claims of insolvent trading, and in other disputed corporations claims.