Financial Literacy All directors must have some financial literacy in order to fulfil their duties and responsibilities to the company. This…
Twilight Zone When a company is under performing financially, directors might: do nothing or procrastinate; decide to resign or jump…
The laws are changing to allow directors to attempt a turnaround or restructure outside of a formal insolvency regime –…
When did you sign to agree to be personally liable for your company’s tax debt? It’s a rhetorical question –…
Voluntary Administration – Directors lose control The public and the media do not differentiate between liquidation and voluntary administration. Australia’s…
Who would want to be a director? The Business Judgement Rule is poorly understood and underutilised. Being a ‘director’ is…
SafeHarbour for directors from insolvent trading – effective 19 September after royal assent the day prior. On 11 September 2017, the Treasury Laws Amendment (2017…