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Macmillan Lawyers and Advisors Guide Small Business Restructuring Processes in Brisbane

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Australia, 19th Jun 2025, Macmillan Lawyers and Advisors, a trusted legal advisory firm based in Brisbane, has confirmed its involvement in a growing number of formal small business restructuring (SBR) matters in the region over the past twelve months. The increase reflects a broader trend among small enterprises seeking legal and financial stability amid economic uncertainty.

Macmillan Lawyers and Advisors Guide Small Business Restructuring Processes in Brisbane

Small business restructuring, a process formalised under Australian law, enables eligible companies to propose a plan to creditors while maintaining control of their operations. This mechanism is designed for entities with total liabilities under $1 million and provides an alternative to traditional insolvency proceedings such as voluntary administration or liquidation.

Macmillan Lawyers and Advisors, based in Brisbane’s central business district, has been engaged by various Queensland businesses to implement restructuring plans in compliance with federal legislation. The firm’s role includes conducting initial viability assessments, drafting restructuring proposals, and guiding directors through legal obligations throughout the process.

According to recent internal observations, many businesses across sectors including hospitality, retail, and professional services have opted for this route as a preventative measure rather than a reactive one. This reflects a broader shift in how small business operators address prolonged financial stress.

“Small business restructuring provides a lawful and structured approach for companies experiencing financial pressure,” said Kyle Macmillan, Principal at Macmillan Lawyers and Advisors. “The process allows directors to retain operational control while addressing legacy debt in a way that is fair to creditors and compliant with legal standards.”

Under the SBR process, an independent practitioner is appointed to review the proposed plan and manage creditor communications. If a majority of creditors by value vote in favour of the proposal, it becomes binding on all parties. This framework aims to balance the interests of creditors with the preservation of viable businesses.

Since the legislation was introduced, restructuring plans have gained traction for their potential to limit disruption to day-to-day operations and avoid the reputational impact associated with insolvency. However, success depends heavily on accurate financial reporting, timely action by company directors, and careful legal oversight.

Macmillan Lawyers and Advisors has reported that many clients pursuing SBR do so after extended periods of financial hardship stemming from supply chain disruptions, increased borrowing costs, or sector-specific downturns. In some cases, businesses had exhausted informal negotiation options before seeking formal restructuring assistance.

Macmillan Lawyers and Advisors Guide Small Business Restructuring Processes in Brisbane

Despite ongoing challenges in the small business landscape, the restructuring process has offered a practical legal avenue for debt resolution. While not every proposal results in approval or long-term recovery, the process has provided a measure of certainty for both business operators and creditors in a complex environment.

“The coming financial year is likely to present continued pressures for small and medium-sized enterprises across Australia,” added Macmillan. “Formal restructuring will remain a relevant and important tool for companies seeking to manage obligations proactively and avoid more severe insolvency outcomes.”

Macmillan Lawyers and Advisors operates from Level 38, 71 Eagle Street in Brisbane. The firm provides legal services in areas including commercial law, contract law, intellectual property, insolvency, and corporate disputes. Engagements related to restructuring are handled with strict adherence to statutory requirements and informed by ongoing developments in regulatory policy.

The firm continues to monitor legislative updates and court decisions relevant to the small business sector and intends to remain engaged in discussions concerning the future direction of Australia’s corporate insolvency framework.

For further information or to request comment regarding the Small Business Restructuring Process, contact Macmillan Lawyers and Advisors at (07) 3518 8030, via email at admin@macmillan.law, or by visiting their office at Level 38/71 Eagle Street, Brisbane City QLD 4000.

Media Contact

Organization: Macmillan Lawyers and Advisors

Contact
Person:
Kyle Macmillan

Website:

https://macmillan.law/

Email:

admin@macmillan.law

Contact Number: 61735188030

Address:Level 38/71 Eagle St

Address 2: Brisbane City QLD 4000

Country:Australia

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Launch of the Multinational Global Economic Alliance 9S UNION at GIFPP Bangkok

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In Bangkok – Southeast Asia’s dynamic hub of commerce and connectivity – the Global Investment Forum for Peace & Prosperity (GIFPP) officially convened at the InterContinental Hotel, bringing together nearly 300 delegates from 14 countries and territories.

 

Former Deputy Prime Minister of Thailand, Mr. Pinij Jarusombat (center), congratulates the launch of 9S UNION.

 

 

The event drew the participation of government leaders, international experts, investors, entrepreneurs, and global media. Notably, distinguished guests included H.E. Pinij Jarusombat – former Deputy Prime Minister of Thailand; M.L. Kritthanabodee Charunroj – Chairman of the Advisory Council for the Royal-sponsored Volunteer Doctor Committee (P.O.S.); Lieutenant General D.Ch. Narawat Charoenrue – Commissioner of the Royal Thai Police; Mr. Dinh Hoang Linh – Consul of Vietnam in Thailand; and senior strategic advisors from the UAE, Dubai, and other nations.

 

Turning Ideas into Legacy, Transforming Investment into Impact

The opening plenary session, themed “Startup Innovation & the SDGs”, was chaired by Dr. Martin Spraggon Hernandez. He emphasized that innovation must transcend profit and become a catalyst for inclusive growth – for both communities and the planet.

 

Professor Dr. Martin Spraggon Hernandez – Strategic Advisor to the Governments of Dubai and Abu Dhabi; Chairman of 9S UNION

 

Following this, Mr. Abraham Nguyen Quang Huy – Chairman of the Vietnam National Startup Investment Fund (VNSIF), Founder and Co-Chair of GIFPP – reaffirmed: “GIFPP is more than a forum. It is a global movement that connects technology, innovation, and social responsibility to tackle shared challenges such as climate change, inequality, and crises in education and healthcare.”

 

Mr. Abraham Nguyen Quang Huy – Chairman of the Vietnam National Startup Investment Fund (VNSIF); Founder and Co-Chair of GIFPP

 

He urged the global investment community to shift from short-term profit strategies to long-term, impact-driven models. He highlighted key sectors such as AI, blockchain, clean energy, education, and healthcare – and stressed the essential role of Gen Z as future custodians of the planet through education, innovation, and entrepreneurship.

 

Innovation Mindset for Sustainable Development

Two high-level discussions took center stage at GIFPP, focusing on how innovation can align with the United Nations’ 17 Sustainable Development Goals (SDGs) and how emerging technologies can drive impactful investment.

Roger Leitner, President of the Swiss–ASEAN Chamber of Commerce, stated: “Innovation should not only yield returns. It must generate opportunities that benefit society and the environment.”

 

Mr. Roger Leitner – President of the Swiss-Asia Chamber of Commerce

 

Dr. Praveen Maghelal (Abu Dhabi Government) presented green finance models being successfully implemented in the Middle East. Meanwhile, Ms. Tran Thanh Thao, CEO of ACI Capital, emphasized the importance of public–private partnerships in scaling sustainable investment ecosystems.

Dr. Praveen Maghelal – Policy Advisor to the Government of Abu Dhabi

 

Assoc. Prof. Dr. Nguyen Lan Trung, President of the Vietnamese Linguistics Association and Vice President & Secretary-General of the Vietnam Liaison Committee for Overseas Vietnamese, highlighted the untapped potential of the Vietnamese diaspora. With over 6 million individuals in 130 countries, and remittances exceeding $20 billion annually, this community represents a powerful engine for sustainable development and global economic diplomacy.

 

Technology for Social Impact

The second panel, “Applying AI, Blockchain, and Fintech in Impact Investment”, featured experts like Dr. Dinh Viet Hoa – President of the Vietnam National Startup Association. He remarked: “Global entrepreneurship is more than an economic opportunity; it’s a force for social transformation when powered by the right technologies.”

Mr. Tonny Tong, Vice Chairman of the Hong Kong Blockchain Association, added: “Blockchain is the backbone of transparency – the foundation of every sustainable model moving forward.”

9S UNION – A Global Economic Alliance for the Future

As part of the forum, the official launch of 9S UNION took place with the participation of representatives from 12 countries. Under the leadership of Prof. Dr. Martin Spraggon Hernandez – CEO of MentorVerse, Co-Chair of GIFPP, and Founding Chairman of 9S UNION – the alliance is positioned to accelerate implementation of the United Nations SDGs through concrete and collaborative investment actions.

9S UNION is structured as an open innovation ecosystem, connecting investors, startups, enterprises, and governments. Its mission is to catalyze breakthrough innovation, advance impact finance, strengthen governance capabilities, and amplify shared human values across borders.

Also during the forum, 12 Memoranda of Understanding (MOUs) were signed, launching an initial phase of 10 strategic projects across ASEAN, the UAE, Africa, and Europe. These initiatives focus on priority areas including education, healthcare, green energy, digital innovation, and poverty reduction – all aimed at fostering peace and shared prosperity.

In addition, the forum introduced 7S CENTER – a global digital trade ecosystem designed for SMEs. As a strategic initiative, 7S CENTER aims to remove trade barriers, connect businesses to international markets, and empower small enterprises with digital innovation tools.

GIFPP 2025 has cemented its role as a strategic convergence point for visionary investors and innovators who believe that investment today must drive not only economic growth, but a more sustainable, equitable planet for generations to come.

____________

Media Contact

Organization: 9S Union

Contact Person: Ivanka Do

Website: www.9sunion.com 

Email: info@9sunion.com

City: Lewes

Country: United State

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Introducing The Laws of יהוה, a new book by Tamar Israel. This book reaches out to everyone seeking spiritual growth and a deeper understanding of divine law.

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Tamar Israel dedicates her work to the spiritual upliftment of righteous people across the globe. Her goal is clear. She aims to lay the groundwork for the Kingdom of Shalom, the Kingdom of God, יהוה. Her book acts as a bridge, connecting ancient scriptures to modern lives.

A white cover with black textAI-generated content may be incorrect.

The Laws of יהוה offers a detailed roadmap. It shows how morality and spirituality can merge, influencing daily actions and thoughts. The guidance in this book comes from sacred texts. These texts provide clear instructions on achieving perfection by following God’s laws as written in the Torah.

The book’s foundation lies in a powerful message from Isaiah 11:9. It states, “They shall not hurt nor destroy in all my holy mountain: for the earth shall be full of the knowledge of the LORD יהוה, as the waters cover the sea.” This verse captures the essence of the book’s message. It promotes a world filled with peace and understanding.

Here’s why The Laws of יהוה is a must-read:

  1. Ancient Wisdom Unveiled: The book reveals long-hidden truths. These insights were once accessible to few but are now available to all.
  2. Practical Guidance: It connects spiritual ideas with real-life applications. This makes the teachings accessible to everyone, regardless of their spiritual background.
  3. Transformational Insights: The book is more than information. It’s a guide to personal transformation, helping readers realize their full potential.
  4. Real-World Relevance: It tackles modern-day challenges. The wisdom it shares fits well into the lives of those it reaches today.

This book is not just another read; it’s a journey. It promises a path to self-discovery, spiritual awakening, and genuine fulfillment. It’s crafted for those ready to change their lives through divine wisdom.

As you turn the pages of The Laws of יהוה, prepare to be inspired and enlightened. This book offers tools for a life filled with purpose and enlightenment. It is an invitation to transform your life through the powerful teachings of יהוה.

The book is available for purchase now. Don’t miss the chance to explore this transformative guide. It could be the key to a brighter, more purposeful future.

Media Contact
Company Name: The Laws of יהוה
Contact Person: Tamar Israel
Email: Contact@IamTamarIsrael.com
Country: United States
Website: https://www.lulu.com/shop/tamar-israel/the-laws-of-%D7%99%D7%94%D7%95%D7%94/hardcover/product-jv4jdj.html

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Shaping a New Platform for Global Growth Discussed at Open Dialogue within SPIEF-2025

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Moscow, Russia – 20/06/2025 – (SeaPRwire) – The session “Shaping a New Platform for Global Growth”, based on the results of the Open Dialogue of the Russia National Centre, opened the St. Petersburg International Economic Forum business program on June 18.

Recognised international experts from Russia, Cameroon, Spain, Azerbaijan, and Canada, as well as authors of the best essays from the Open Dialogue, participated in the discussion.

Speakers discussed the changing world order, Africa’s potential, and trends in the future economy, including demographic changes and the implementation of breakthrough technologies.

“This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges led to the current situation, which trends are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

A speaker from Spain, Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, delivered a report on how the global majority of countries are changing reality.

“Today, most countries are not just participating in global processes – they are changing reality. We see how an increasingly flexible and multipolar world order is forming. World trade is becoming fragmented, fast, and technological, while the international system is becoming a network of preferential agreements, which distorts the principles laid down in the foundation of GATT and WTO,” noted Juan Antonio de Castro de Arespacochaga.

One of the main discussion topics was: “Africa – driver of the future economic order.” Chairman of the African Advisory Council Francois Ndengwe noted that demographic growth is transforming Africa into the future cradle of the global workforce.

“This is not just statistics – this is human capital that can become a new driver of global growth. Those who invest in education today and build universities in Africa will tomorrow shape markets and set the game’s rules together with Africa,” said Francois Ndengwe.

Sergei Ivanov, Executive Director and Member of the EFKO Group board of Directors, spoke about the business’s new responsibility in the modern world. The expert emphasised that business today is not just a profit generator but an active participant in social transformations.

“What projects and technologies should we invest in today? Investment criteria are three conditions: qualitatively improving human life, being produced in harmony with nature, and being accessible, at a minimum, having mass potential. But what’s more important is not only what you produce, but also in what culture you do it. In 2012, the president spoke words that I’ve been quoting often lately. He said that the great mission of Russians is to unite, to bind civilisation with culture, language, and universal responsiveness. And so we try to build our culture and our ethics around this very universal responsiveness. To build capitalism with a human face,” said Sergei Ivanov.

Another session’s focus, “Shaping a New Platform for Global Growth”, was on breakthrough technologies. As noted by Yuri Kozarenko, General Director of “Transport of the Future” LLC, today, automation has reached a level where robots create robots for the production of goods and services for humans.

“This year has become significant, showing a leap in the technological development of artificial intelligence. Several centres, schools, and institutes have been opened in China to train robots in various specialities. We in Russia, in turn, are opening robot training centres based in the Samara region and Moscow, including the Institute of Unmanned Systems. We teach robots to bring social benefit in an economically efficient way,” emphasised Yuri Kozarenko.

The expert added that technological innovations today directly affect social spheres, for example, helping to solve the demographic crisis.

During the session, participants also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The conclusions of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The session “Shaping a New Platform for Global Growth” recording can be viewed on the Russia National Centre website.

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Brand: Russia National Centre

Contact: Media team

Email: Pressa@russia.ru

Website: https://russia.ru

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