Adopting a business rescue culture – Public Accountant Article

Australia is Adopting a Rescue Culture Australia has seen significant and long overdue positive legislative changes in 2017 and 2018…

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Ipso Facto Clause Stay – Exclusions

Ipso Facto Clause Stay – ’24 days left to have your say’ The Treasury Laws Amendment (2017 Enterprise Incentives No.…

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Safe Harbour – Risking Personal Liability to Rescue a Company

Twilight Zone When a company is under performing financially, directors might: do nothing or procrastinate; decide to resign or jump…

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Voluntary Administration v Safe Harbour Protection for Directors

Voluntary Administration – Directors lose control The public and the media do not differentiate between liquidation and voluntary administration. Australia’s…

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SafeHarbour – Director Protection From Insolvent Trading

SafeHarbour for directors from insolvent trading – effective 19 September after royal assent the day prior. On 11 September 2017, the Treasury Laws Amendment (2017…

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