WAVES OF DESPAIR
QUEENSLAND should brace itself for waves of corporate insolvencies over the next six months – including one around Christmas – as debt moratoriums put in place during the pandemic shutdown come to an end.
That’s the unsettling view of veteran lawyer David O’Farrell, who has just joined iconic Brisbane law shop McCullough Robertson Lawyers as part of its insolvency and restructuring team.
O’Farrell says the first wave of corporate collapses are likely to come around August when the end of moratoriums on winding up applications and other debt recovery measures end.
Insolvency lawyer David O’Farrell sees wave of insolvencies due to pandemic.
That will come at the same time as the Federal Government’s JobKeeper …
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