Our Business
Brisbane Based Insolvency Specialists
P.A. Lucas & Co is a Brisbane based accountancy firm specialising in insolvency, reconstruction and turnaround management.
To find out more about our business, please click on the links below.
Phone: (07) 3232 5200
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Our Culture
At PA Lucas & Co we have a saying – “Do the right things and do things right”. The insolvency process is usually an extremely stressful time for our clients – for employees, business owners and their creditors. Our staff are always aware of the personal cost to companies and their staff and all affected contacts in an administration. We strive to...
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Specialisations
Our reputation and experience in various fields has inevitably led to specialisations.
Appointments in hotel and club administrations have developed a reputation for PA Lucas & Co as a specialty area of expertise.
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Corporate Insolvency
Corporate insolvency in Australia is regulated by the Corporations Act 2001 (Cth). The different types of insolvency administrations available to corporate debtors under the Corporations Act are:
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Personal Insolvency
Bankruptcy is a process whereby the financial affairs of a person who is insolvent are managed by a trustee in bankruptcy. The bankrupt is released from their liabilities and at the same time their property, if any, is handed over to the trustee who has responsibility to sell it and pay out
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