Webinar On Demand - Is your client’s business facing the wall?

1 CPD Point – Substantive Law

With the rise of interest rates and the slowing of the economy, there has recently been a sharp increase in business collapses over the past year. Pandemic based government support packages have mostly been phased out, leaving many “zombie” businesses teetering on the edge with no more access to government support, cheap financing or a lenient tax man. As these businesses fail, the entire supply chain is affected, resulting in more financial stress on previously successful businesses.

Whether your client’s business has been struggling for a sustained period, or recent events have severely impacted their finances, they are not alone.

Business debt issues are complicated, so it is important that you know what restructuring options are available to ensure your clients remain financially viable and if not, how to best assist them with the next steps required to be taken to safeguard their personal financial survival.

In our upcoming webinar, Is your client’s business facing the wall? you are invited to join Jerome Mohen from RSM’s Restructuring and Recovery team to discuss the various options available for businesses that are facing the wall.

In the webinar, Jerome will take you through:

• A framework for clients to navigate the current economic climate and the various disruptions currently affecting different sectors of the economy;
• The insolvency regime and how it can be an option for businesses facing viability issues;
• Debt restructuring, Safe Harbour and personal bankruptcy options;
• How to prepare and assist clients in this process; and
• Practical advice for clients who are viable to ensure they remain protected in the event a customer or supplier becomes insolvent.

This webinar is suitable for accountants, lawyers and other professional advisers and is pitched at an intermediate level. It is ideal for those with direct client contact.

Legal CPD:

WA legal practitioners (QA Provider ID 29250)

1 CPD point, Competency Area 4 – Substantive Law. To ensure you receive your CPD Points for this event, please provide us with your Legal Practice Board Practitioner ID during registration. Note: CPD Points are only uploaded to the Legal Practice Board after the Webinar On Demand is viewed. This is not an interactive activity.

Legal practitioners outside of WA

If you consider that this webinar satisfies your individual requirement, or is relevant to your immediate or long-term professional development needs, you may claim 0.5 CPD points for every 30 minutes of attendance and participation.

Accounting CPD:

1 CPD Point

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Presenter: Jerome Mohen
Partner – Restructuring and Recovery, RSM Australia

Jerome Mohen is a Partner in the Restructuring & Recovery division in Perth. Having commenced his career in the restructure and recovery industry in 2010, he has gained valuable experience across all formal personal and corporate insolvency appointments.

Jerome regularly meets and consults with individuals and/or directors whose businesses are experiencing financial difficulty to provide strategies on a way forward.