Deed of Company Arrangement (DOCA) Australia | Mackay Goodwin

Experience flexibility

A DOCA can be tailored to the individual needs of the company, customising to their unique circumstances.

Take the edge off

Entering a DOCA releases you from insolvent trading claims by creditors.

Reset, reassess, and optimise

Rehabilitate the company as debts are being finalised.

Capturing opportunities with a DOCA

A DOCA is a formal agreement through a Voluntary Administration between the company and its creditors to satisfy the company debts. It aims to maximise the chances of the company, or as much as possible of its business, continuing and providing return for creditors.

The proposal binds all creditors, setting terms and conditions of repayments that are appropriate to the company’s financial status. As the company continues to trade, DOCA contributions can be made from ongoing trading profits. A DOCA enables the company the opportunity to develop and grow.

Stay in Control

Throughout the small business restructure process, you retain control over your business decisions, supported by expert guidance. We’ll ensure you are fully informed and comfortable with each decision, empowering you to lead your business recovery confidently, backed by strategic advice from our insolvency practitioners.

Reduce Financial Stress

We understand that financial pressures can cause you to lose sleep, but we’re here with solutions. Our small business restructuring plans reduce your financial burden, allowing you to focus on running your business. By restructuring your debts and renegotiating terms with creditors, we strive to lighten your financial load with improved cash flow and give your business room to advance.

Solving Your DPN

Entering a small business restructure can solve your director penalty notice (DPN) issued by the ATO, ensuring you are not personally liable for the company’s debt.

Breathing Room & Legal Compliance

When implementing a small business restructure, creditors are made aware that a plan is in the works and repayments are put on pause, giving you the space to breathe. We work with you to get your business back on track while operating within a secure legal framework, preventing potential issues.

Low-Cost Solution

A small business restructuring is a cost-effective solution where you can leverage favourable conditions with the help of experts to reorganise your finances and operations. We help streamline your operations, offering effective cost-management plans to enhance efficiency and profitability.

Beyond cutting costs, our approach involves optimising your business model to thrive in competitive markets. Together, we can implement targeted changes that drive significant returns by aligning your resources with strategic goals. With our support, you can transform your business structure to promote scalability, increasing your market responsiveness and operational agility. A small business restructure also creates outcomes in a shorter period than formal insolvency solutions.

Reassuring Support

You’re not alone—we’re ready to help keep your doors open every step of the way. Our small business restructuring services extend beyond simple advice, finding a solution that places you in a favourable position with creditors and stakeholders for the best outcome.

Clear Communication

By attentively managing communications and expectations, we help preserve key business relationships during sensitive restructuring phases so your business can emerge stronger and more cohesive. Striving to understand the nuances of your industry, we thoughtfully apply best practices tailored to your specific circumstances, setting a solid foundation for ongoing improvements and long-term profitability.

Experienced & Qualified Experts

Our specialists in various fields offer a multidisciplinary approach to every small business restructuring process, ensuring comprehensive coverage of all possible angles. With insights and strategies beyond conventional solutions, we can effectively handle complex situations and offer actionable guidance with in-depth knowledge to get you back on the front foot.

Key experts in the
moments that matter.

Our people are here to deliver the best possible outcome. Prior to submitting our proposal, we take into consideration your current position, insights and data.

We propose a DOCA backed with confidence of the business’ viability.

We’re in the business of resolution.

Navigating complexities with certainty,
simplicity, and transparency.

How a DOCA avoids obstacles

A successful DOCA can provide great benefits to all stakeholders of the company. Relieving your stress, a DOCA can provide you with the following:

Offset your trading losses against future profits.
Employment for your staff continues.
Your company arrangements and financiers may not be affected.
As a Director, you can gain back the control of company once DOCA is finalised.
A DOCA may bind all creditors of the company to the terms outlined.
Has potential to provide greater return and dividend to your creditors.

What Makes Our DOCA Services Exceptional?

At Mackay Goodwin, we deliver more than just financial restructuring – we provide a lifeline for businesses in crisis. Our commitment to excellence and deep understanding of the challenges within a small business restructure, insolvency, and liquidation allows us to tailor solutions that pave the way for a stable and successful future.

Action-Focused Solutions

Time is of the essence in financial distress. We move quickly to implement the necessary changes with our DOCA services, making decisions that have a direct, positive impact on your business. Our team is proactive and always ready to take the necessary steps to ensure your business is reset towards an optimised path so it can thrive. With a focus on actionable solutions, we help you navigate through the restructuring process with confidence and clarity.

Tailored Financial Solutions

At Mackay Goodwin, we understand that each business’s situation is unique. We craft personalised solutions that align with your specific financial circumstances and operational needs. Whether renegotiating debt terms or entering a Deed of Company Arrangement, we deliver outcomes that ensure your business’s long-term viability and profitability. Our customised strategies address immediate financial challenges while setting the foundation for future success.

Expert Guidance Through Complex Financial Landscapes

Choosing Mackay Goodwin to manage your DOCA means opting for a leader in corporate restructuring and insolvency. Our team brings together ASIC-registered liquidators, CA and CPA-qualified accountants, and ARITA professional members seasoned in navigating and resolving intricate financial scenarios. Our strategic approach aims to satisfy creditor agreements effectively while positioning your business towards a trajectory of recovery and sustained growth.

Innovative Approach

At Mackay Goodwin, we pride ourselves on our ability to think differently. Our innovative approach to financial restructuring allows us to develop fresh and creative solutions. Whether finding new ways to restructure debt or leveraging unexplored areas of business optimisation, our team is skilled at thinking outside the box to provide you with solutions that are as effective as they are ingenious.

Seamless Process with Immediate Impact

Engaging early with our team for a DOCA can significantly change the outcome of your financial difficulties. By acting swiftly, you increase your chances of more options for restructuring and reducing potential losses with a DOCA. Meaning, you’re protecting your business’s assets and credit standing with quick action from trusted experts. Our process is streamlined to ensure prompt implementation of strategies that bring immediate relief and long-term benefits to your company.

Comprehensive Advisory Beyond DOCA

Beyond immediate debt restructuring, Mackay Goodwin offers comprehensive advisory services to prevent future financial distress. Our corporate advisory experts focus on enhancing operational efficiencies and optimising strategic planning, ensuring your business stays ahead in a competitive market. From corporate debt restructuring to voluntary administration, our solutions are comprehensive, addressing current needs and future challenges.

Take Action Now with a DOCA

Is your business facing economic distress? A Deed of Company Arrangement might be the right move. Take action before being overwhelmed and consult with Mackay Goodwin – we can set your business on a constructive path towards financial stability and growth. Get in touch today for a free consultation and explore how a DOCA can be tailored to your business's needs and provide a viable solution for dealing with creditors.

Mackay Goodwin stands by you in the most challenging times, equipped to guide you through financial recovery with expertise, integrity, and a commitment to achieving the best possible outcomes for your business. Speak to our experts now and take the first step towards securing your business's future.

The right support at the right time can make a significant difference. Act now – the sooner you start, the better your outcomes.

“My experience with Domenic Calabretta and
the team at Mackay Goodwin was
exceptional. They came out to see me the
very next day, assessed my business and
explained my options. During the
administration they were always contactable
and transparent.”

– Anthony Berg

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We’ve helped many business owners through tough times
over the years. We’ll do the same for you too.

Richard Lawrence

Director & ASIC Registered Liquidator

Melbourne

Gavin King

Director, ASIC Registered Liquidator & AFSA Registered Bankruptcy Trustee

Sydney

David Hurst

Director & ASIC Registered Liquidator

Sydney

Edwin Narayan

Director & ASIC Registered Liquidator

Sydney

Domenic Calabretta

Chief Executive Officer & ASIC Registered Liquidator

Sydney

Grahame Ward

Director & ASIC Registered Liquidator

Sydney

Mitch Ball

Chief of Insolvency Operations & ASIC Registered Liquidator

Sydney

Domenic Calabretta

Chief Executive Officer & ASIC Registered Liquidator

Sydney

Domenic Calabretta is the CEO, Founder, and Managing Partner of Mackay Goodwin. Under Domenic’s leadership, Mackay Goodwin has become one of Australia’s fastest-growing insolvency firms, with a dedicated team of liquidators, administrators, receivers, and business turnaround specialists. The firm’s innovative approach has allowed it to thrive beyond traditional industry boundaries while maintaining the highest ethical and professional standards.

Since its establishment in 2014, Mackay Goodwin has grown to over 70 staff and received recognition in the AFR Fast Starters, AFR Fast 100, AFR Top 100 Accounting Firms, Smart Company Top 50, and Financial Times High-Growth Companies Asia-Pacific. Domenic’s commitment to bold solutions and strategic guidance has been instrumental in this success.

Domenic began his insolvency career in 2000, becoming a registered liquidator and partner in 2009. Over his career, he has led major insolvency and advisory projects, including the liquidation of Colonial’s global diversified fund, managing over $150 million in assets. He has provided advisory services to major financial institutions such as CBA, NAB, Westpac, BOQ, and Scottish Pacific, as well as to numerous ASX-listed entities and large multinationals.

With qualifications in both Commerce and Law, and as a registered liquidator, solicitor, and public accountant, Domenic combines practical experience with a robust educational foundation. He is a full member of ARITA and the NSW Law Society, reflecting his commitment to industry excellence and professional integrity.

Grahame Ward

Director & ASIC Registered Liquidator

Sydney

Grahame Ward is a Registered Liquidator and Administrator with expertise in industries like property, tourism, transport, hospitality, and manufacturing. Since 1996, he has specialised in corporate and personal insolvency, reorganisation, restructuring, and crisis management. As a Chartered Accountant and Official Liquidator, Grahame is known for delivering timely and practical advice, especially in complex insolvency matters. He is actively involved in professional development through ARITA, sharing his knowledge as a workshop leader. Grahame is committed to achieving positive outcomes for stakeholders, offering reliable support during challenging financial situations.

Mitch Ball

Chief of Insolvency Operations & ASIC Registered Liquidator

Sydney

Mitchell has 20 years’ experience in corporate insolvency and restructure. Mitchell is a Registered Liquidator having working on many types of corporate appointments. He has managed complex liquidations and voluntary administrations in numerous industries with expertise in property, finance, manufacturing, IT and building and constructions. Mitchell brings value to appointments from start to finish, from marketing and having initial contact with clients to achieving exceptional outcomes.