Technical Article: When you pay a deposit for a service or product and the company fails to communicate, it's a frustrating and concerning situation. This article explores how/when to use a statutory demand. #Debt #company #business #demand #insolvent #Deposit
About us
At McDonald Vague we provide positive solutions and practical advice for businesses facing challenges. We focus on resolving stressful situations quickly and efficiently. Members of GRIP a global network of IPs grip@mvp.co.nz McDonald Vague is New Zealand’s leading business recovery, turnaround and insolvency firm, and has been in existence for over 25 years. Our value proposition is simple - we achieve the best possible outcome for our clients. We are known for our track record of proven results and our commitment to:- • Responsible fee management • Maximising returns • Access to Directors We are results focused and as insolvency specialists we help to facilitate business’s return to health to preserve value. Or, if the business is untenable we will work quickly and efficiently to minimise losses. We follow strict professional rules and ethics and provide guidance and support during stressful situations. Our areas of expertise include liquidations, receiverships and company compromises. We are a member of Chartered Accountants Australia and New Zealand (CA ANZ), Restructuring Insolvency and Turnaround Association of New Zealand (RITANZ) and NZCA (an association of independent Chartered Accountants). We are able to undertake assignments anywhere in New Zealand and can align with a local NZCA firm for assistance. McDonald Vague will still control the assignment and ensure the same high level of expertise and service is maintained. Our clients benefit from the associated firm’s local experience, as well as more cost effective fees as our travel expenses are reduced. We have experience working with struggling businesses and companies facing challenges in virtually every business sector. For more information, or to discuss your own company’s or client's situation, please contact one of our directors - Peri Finnigan, Boris van Delden or Iain McLennan. Our advice is provided confidentially and does not commit you to appointing us in any formal capacity.
- Website
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http://www.mvp.co.nz
External link for McDonald Vague Limited
- Industry
- Accounting
- Company size
- 11-50 employees
- Headquarters
- Auckland, AUK
- Type
- Privately Held
- Founded
- 1990
- Specialties
- Business Recovery, Insolvency, Restructuring, Advisory, Turnaround, Liquidation, and Bankruptcy
Locations
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Primary
2/29 Pitt Street
Auckland, AUK 1010, NZ
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WFH
Hamilton, NZ
Employees at McDonald Vague Limited
Updates
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Technical Article: Companies that have been through a formal liquidation process are difficult to restore to the Companies Register. This can often make liquidation a more attractive option for company closure. #business #closure #liquidation #company #strikeoff #director
Why Liquidation provides more certainty in company closure and when a company can be restored to the Register - McDonald Vague Insolvency
mvp.co.nz
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Insolvency Stats: Insolvency stats continue at elevated levels in September 2024 with a increases in insolvency figures when compared to past years. Check out our link below to see how corporate and personal appointments figures have increased in the last month. Be sure to sign up for our monthly newsletter on our website. #insolvency #stats #bankruptcy #liquidation #shareholders #business
Insolvency by the Numbers #46: NZ Insolvency Statistics September 2024 - McDonald Vague Insolvency
mvp.co.nz
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Monthly Newsletter: Our October 2024 newsletter is out. Catch up on the September 2024 Insolvency stats , along with articles discussing Liquidation Certainty and Company Restoration and our final article is on Statutory Demands to Recover Deposits #newsletter #statistics #demand #company #director #business https://lnkd.in/gme897mg
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Technical Article: In New Zealand, the roles of shadow directors and de facto directors hold significant importance, especially when a company faces insolvency. Both these roles can carry substantial legal responsibilities and liabilities, often surprising individuals who may not even realize they are acting as directors. This article discusses the definitions, differences, and potential risks associated with these roles. Be sure to check out out website for further articles or sign up to our newsletter. #director #business #Debt #company #liquidation
Shadow Director and De Facto Director Liability - McDonald Vague Insolvency
mvp.co.nz
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Technical Article: When a business encounters cash flow difficulties and an excessive debt burden, it is important to navigate these challenges carefully. Trading while insolvent not only jeopardises the future of your business but also exposes you to legal exposure. Here are several actions to avoid and some proactive solutions to consider. Be sure to check out out website for further articles or sign up to our newsletter. #insolvent #business #debt #assets #company #liquidation
Navigating Cash Flow Difficulties: What Not to Do When Your Business is Struggling - McDonald Vague Insolvency
mvp.co.nz
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Monthly Newsletter: Our September 2024 newsletter is out. Catch up on the Augus 2024 Insolvency stats , along with articles discussing Cashflow Difficulties and What Not to Do and our final article is on Shadow vs Defacto Directors. #newsletter #statistics #CashFlow #company #director #business https://lnkd.in/gzp4yTTA
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Insolvency Stats: Insolvency stats continue at elevated levels in August 2024 with a increases in insolvency figures when compared to past years. Check out our link below to see how corporate and personal appointments figures have increased in the last month. Be sure to sign up for our monthly newsletter on our website. #insolvency #stats #bankruptcy #liquidation #shareholder #business
Insolvency by the Numbers: NZ Insolvency Statistics August 2024 - McDonald Vague Insolvency
mvp.co.nz
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Technical Article: Stakeholders often express frustration and disbelief when directors of insolvent companies form new companies, often trading as normal, especially when these new companies then also fail. A frequent question is along the lines of "surely this can't be legal?". In this article we look at the options director have available to them in this complex area and where and how they can be caught out. Be sure to check out out website for further articles or sign up to our newsletter. #phoenix #business #debt #assets #company #liquidation
Liquidation, Hive Down And Phoenix Companies - Starting Again After Business Failure - McDonald Vague Insolvency
mvp.co.nz