In this episode, we dive into the complexities of insolvency in the property and construction sector with special guest Jonathon McRostie, Special Counsel in Clayton Utz’s Restructuring and Insolvency team. We explore key terms and definitions - liquidation, bankruptcy, receivership, DOCA, safe harbour provisions, and directors’ duties - breaking down what they mean for businesses and individuals in the industry. Jonathon shares insights on what’s happening on the ground, the challenges currently facing the sector, as well as the critical lessons stakeholders need to be aware of to navigate financial distress effectively.
Based in Melbourne, Jonathon specialises in complex litigation, with a focus on corporate insolvency and reconstruction matters. He advises insolvency practitioners, banks, company officers and creditors on a broad range of commercial litigation issues. Recognised as "One to Watch" in Insolvency and Reorganisation Law and Litigation (Best Lawyers Australia), Jonathon brings a wealth of expertise in navigating financial challenges in the property and construction space.
Tune in for expert insights on the evolving insolvency landscape and what industry players need to know.
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This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.
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