Since 2003, JOBA has successfully been helping Australians achieve financial outcomes.

INSOLVENCY AND TURNAROUND MANAGEMENT OUTCOMES

• Numerous confidential Safe Harbour Engagements for directors of distressed Companies (providing relief from insolvent trading liability);
• Successful restructure, trading on and turnaround of distressed franchise real estate agencies, medical practices, professional practices, retail entities, building & construction industry participants, motor vehicle dealerships to name a few
• Assisted a major civil construction Company in its due diligence and strategic management associated with acquiring a potentially insolvent business
• Provided independent advice to 1000s of Company stakeholders contemplating external administration appointments (note – liquidators cannot provide same to a director prior to accepting an appointment)
• Pre insolvency advice to countless Queensland Building Licensees contemplating a potential insolvency / exclusion event and strategies to mitigate future adverse impacts upon their building licence
• Onsite management for registered Liquidators where specific expertise has been required
• Acted for stakeholders in and around terminal administrations including asset acquisitions, strategies to maximise director, shareholder, financier and supplier net wealth

QBCC LICENSEE OUTCOMES

• QBCC / QBSA Exclusions / Licensee Ban Advisory – We have acted for 100s of Qld building licensees when matters relating to section 56AC of the QBCC Act have arisen including the preparation of Permitted Individual Applications, Preparation and Case Management of reviews in the Qld Civil And Administrative Tribunal (and higher jurisdictions). As part of this process we have provided expert advice in relation to the impact of QBCC bans and licensee options. Specific published QCAT / Supreme Court reviews / appeals of note prepared and case managed by our office include the matters of Morsali (Company event only), Meredith and Weldon
• Successful negotiation of a client’s $500,000 plus QBSA statutory insurance debt to a nominal amount thereby avoiding a personal insolvency administration
• Numerous turnaround management strategies (including non-terminal wind downs) for distressed businesses thereby avoiding external administrations / insolvency events (and possible QBCC implications for licensed builders) 

DEBT MANAGEMENT OUTCOMES

• Facilitated informal creditor settlements to avoid formal insolvency appointments for businesses and individuals (including Australian Taxation Office debts)
• Successful recovery of in excess of $130,000 for a secured building supplier in a liquidation administration when other secured trade suppliers either missed out or wrote off amounts
• Various informal proposals prepared for creditors (for individuals / corporates) to avoid formal insolvency appointments

BUSINESS ADVISORY OUTCOMES

• Numerous wealth maximising strategies for families when one of its members is operating a business (commonly called asset protection)
• Strategic Management development / risk management assessments for numerous small to medium sized businesses
• Numerous investigations on behalf of secured creditors prior enforcing the terms of their security documentation
• Numerous advices to directors, partners, trustees, beneficiaries and shareholders when intra entity disputes arise
• Acted for liquidators/directors/licensees to provide specialist advice in Building and Construction matters (pre and post administration)
• Acted for business owners in risk management assessments including strategic management development