Personalised advice and solutions to put your mind at ease during times of personal or business financial turmoil

Corporate Insolvency

I like to think of this area as Corporate Opportunity. I believe there is real space for a thought leader in this area and educating the corporate world on both the opportunity from insolvency events Read more

Business Recovery

I enjoy every opportunity in working with Directors to ensure both the successful financial recovery of the relevant company and a fair outcome for all stakeholders and to ensure they are both aware Read more

Personal Insolvency

Again, this area is too often viewed in the wrong shade of grey. I think the area needs to be viewed as an area of personal development or self growth. It grants one the opportunity to both handle Read more

About Me


David Shannon joined the Firm in 1991 and holds a Bachelor of Business Degree from the University of Technology, Sydney. He is a member of the ICA, CPA Australia and the Australian Restructuring Insolvency and Turnaround Association (“ARITA”).

He is also a Registered Liquidator, Official Liquidator, Registered... Read More

Latest Articles

When an individual enters into voluntary bankruptcy, they generally remain bankrupt for a period of three (3) years. Under the provisions of the Bankruptcy Act (“the Act”), a person is bankrupt for a period of three years (3) and one day (that’s a...

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When an individual is declared bankrupt they are subject to the Income Contribution provisions of the Bankruptcy Act for the duration of their bankruptcy. In summary, if bankrupts derive income over a certain threshold then they must contribute...

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