22. Annexures
PPB Advisory Liquidation Screen – Decision Tree
PPB Advisory Bankruptcy Scorecard
IPA Insolvency Reform submissions to Treasury
Important:This information is not advice.Readers should not act solely on the basis of information contained in this document.We recommend that formal or independent advice be sought before acting in the areas covered herein.May 2011
23. PPB Advisory liquidation screen
Decision tree
1. Company LPI Does company
Yes
search own real property?
No
2. PPB Advisory
Do Directors have Proceed with
bankruptcy Yes
assets? winding up
scorecard
No
3. Substantial
Write off debt No
trading enterprise Yes
24. Risk score card
Debtor name
Referral solicitor
Contact at referral solicitor
Please complete all categories – (Please type in answers in whole, eg TRUE not T)
Category A – Real property Answer PPB rating
Number of encumbered properites
Number of unencumbered properties
Number of caveats on the property (Excluding Caveat by Petitioning Creditor)
Number of caveats on the property by Petitioning Creditor
Number of mortgages over the property
Have proceedings been commenced by the mortgagee? (True or False)
Is the property being rented? (True or False)
Total score (accept if > = 5)
Category B – Income Answer PPB rating
Are you aware of the debtors current employment / income / pension status? (True or False)
Is the debtor’s income between $75,000 and $100,000? (True or False)
Is the debtor’s income greater than $100,000? (True or False)
Is the debtor’s employer a related party? (True or False)
Total score (accept if > = 5)
Category C – Business Answer PPB rating
Does the debtor currently operate a business? (True or False)
What is the nature of the business? (Sole trader = True otherwise False)
Are you are aware of whether the business has unencumbered debtors or plant and equipment?
(True or False)
Total score (accept if > = 5)
25. Category D – Other assets / matters Answer PPB rating
Are there any other assets with a value greater than $10,000? (True or False)
Is the debtor a vexacious / litigious person? (True or False)
Is the debtor self represented? (True or False)
Number of companies the debtor holds shareholdings?
Total score (accept if > = 5)
Total Score ( Accept Appointment if any Category is >= 5) Answer PPB rating
Total rating - CAT A
Total rating - CAT B
Total rating - CAT C
Total rating - CAT D
Is consent granted?
Contacts
Scott Pascoe Andrew Scott Simon Theobold
Partner Senior Manager Partner
t: +61 2 8116 3202 t: +61 2 8116 3063 t: +61 8 9382 8933
e: spascoe@ppbadvisory.com e: ascott@ppbadvisory.com e: stheobold@ppbadvisory.com
Geoff Granger Warren White Peter Macks
Director Partner Partner
t: +61 2 8116 3224 t: +61 3 9269 4225 t: +61 8 8211 7800
e: ggranger@ppbadvisory.com e: wwhite@ppbadvisory.com e: pmacks@ppbsa.com.au
Mark Roufeil David Leigh
Director Partner
t: +61 2 8116 3000 t: +61 7 3222 6800
e: mroufeil@ppbadvisory.com e: dleigh@ppbadvisory.com
www.ppbadvisory.com
Important: This information is not advice. Readers should not act solely on the basis of information contained in this document. We recommend that formal or independent advice
be sought before acting in the areas covered herein. 00075STAT. April 2011.