Insolvency resources and insights
Helpful resources on insolvency, business resilience and Voluntary Administration in New Zealand
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Part 4: When a Statutory Demand matures
Explore the fourth part of our Statutory Demand series, focusing on what happens when demands mature. Learn about the Application for Liquidation Order process, critical timelines, and your crucial 10-working-day window to appoint your own Administrator or Liquidator. This essential guide helps business owners understand what happens when a statutory demand matures and timing considerations.
Insolvency in NZ: Quarterly Market Report Jan 2025
The BWA Quarterly Market Report for Q1 2025 shows a continued rise in insolvencies compared to the same time last year. Despite insolvencies climbing by 31%, insolvency expert Bryan Williams says NZ businesses should be aware of the challenges and the opportunities.
Part 3: The Creditor and the Statutory Demand
Discover the intricacies of Statutory Demands in the third part of our series. Learn about common errors that could render a demand invalid, such as incorrect amounts and disputes. Understand your rights as a debtor, and explore strategic alternatives like Voluntary Administration. This article offers essential insights for small business owners facing a Statutory Demand.
INSOL World article
INSOL World is the quarterly journal of INSOL International. We are pleased to share an article written by BWA Principal Bryan Williams from the most recent issue of INSOL World. Here, Bryan shares his insights on growing an insolvency practice, likely to be of great interest to practitioners looking to scale their practice.
Part 2: The life cycle and purpose of a Statutory Demand
Whether you have just received a statutory demand or are concerned about the possibility of one, our Statutory Demands blog series will serve as your practical roadmap through the process. Part 2 takes a look why a creditor issues a Statutory Demand and what must take place to ensure it has been served properly.
Insolvency in NZ: Quarterly Market Report Dec 2024
Explore the BWA Quarterly Market Report for Q4 2024 revealing New Zealand insolvencies at a nine-year high, with construction sector failures tripling since 2020 and voluntary administrations emerging as a key survival pathway.
Part 1: The arrival of a Statutory Demand
Whether you have just received a statutory demand or are concerned about the possibility of one, our Statutory Demands blog series will serve as your practical roadmap through the process. In part 1, we take a look at the important information on a Statutory Demand that you must address.
Creditor Compromise: Is it the right move for your business?
Strategic timing is crucial when your business faces financial pressure. As insolvency specialists, we know early intervention opens up more options for recovery and restructuring. BWA Insolvency has guided countless businesses through financial difficulties, and we've seen how timing and knowledge can make all the difference.
Insolvency in NZ: Quarterly Market Report Sept 2024
Explore the BWA Quarterly Market Report for Q3 2024 to uncover reasons for the significant rise in New Zealand insolvencies, the impact of the Du Val collapse, and vital insights for business resilience.
Insolvency in NZ: Quarterly Market Report June 2024
The latest insolvency data for Q2 2024. While we have seen the highest single-quarter figure for insolvencies since 2016, the good news is that Voluntary Administration is on the rise as business owners seeks out alternatives to liquidation.
Business downturn doesn’t have to mean business failure
Facing business difficulties? Discover how strategic planning and expert guidance can help you avoid liquidation and steer towards recovery. Our insolvency expert shares tips on the areas of business you need to address in New Zealand's challenging market. Find out how acting fast can save your business.
Liquidation or Restructure? How to make the right choice for your business
Do you need to make a decision between company restructuring and the liquidation process? Read insights from an insolvency expert on ways to choose between liquidation or restructuring and evaluating business viability, helping you make an informed choice for your company's future.
Insolvency in NZ: Quarterly Market Report Jun 24
In our most recent Quarterly Market Report, we see the short-term outlook for many sectors—retail and construction in particular—is grim. With insolvencies rising by 10% from last quarter, what does the data tell us about what's ahead?
Insolvency in NZ: Quarterly Market Report Dec 23
Good news for the tourism and accommodation sectors in the latest Quarterly Market Report for Q4 2023. BWA Insolvency's latest insolvency in New Zealand shows a flatlining of insolvencies, but will it be all smooth sailing now?
Navigating the Voluntary Administration Process: A Step-By-Step Guide
Our latest guide on Voluntary Administration demystifies the process and breaks it down into manageable steps. Understand your requirements, the roles of stakeholders, and how an experienced VA expert can guide your business back to calm waters..