Welcome to Issue 49 of Colleagues - The Official SV Partners Quarterly Newsletter.
Leading the third issue for 2025, Frank O'Neill (Director | Mackay), unpacks why directors sometimes turn to a Voluntary Administration just days before a winding-up hearing, what the courts look for before granting an adjournment, and how a well-prepared plan can give struggling businesses a genuine chance at survival rather than just buying time.
Jason Cronan (Director | Sunshine Coast) discusses key differences between Small Business Restructuring and Voluntary Administration, helping businesses and advisors understand which tool may better suit different circumstances. Jason shares insights regarding eligibility criteria and control of the company to costs, timelines and creditor outcomes.
We hope you enjoy this issue.
The SV Partners Team