Event company that was to bring Reese Witherspoon to Australia for motivational talks collapses into voluntary … – SmartCompany.com.au

An event company that had sold tickets to a series of motivational seminars with actress Reese Witherspoon has collapsed into voluntary liquidation. Stanley Morgan Accountants were appointed as external managers to the The Simpatico Connection Pty Ltd, organisers of the Simpatico Connection Conference, this afternoon. The Simpatico Connection had been selling tickets to its conference…

Why reducing bankruptcy to 12 months ignores the realities of insolvency – SmartCompany.com.au

By Jennifer Dickfos, Griffith University and Catherine Brown, Griffith University The proposed federal government changes to insolvency that reduce the bankruptcy period from three years to 12 months need to be questioned. It has been argued the shortened default period will have the desired impact on encouraging entrepreneurial activity and reducing the associated stigma of being…