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…

Continue Reading →

Recovery Provisions – Trading a Business out of Financial Difficulty  

The laws are changing to allow directors to attempt a turnaround or restructure outside of a formal insolvency regime –…

Continue Reading →

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…

Continue Reading →

Managing Insolvency Risk and Checklist for Times of Crisis

Technological Advancements and Economic Growth The breadth of technological change and digital disruption has changed businesses approach to managing insolvency…

Continue Reading →

Business Judgement Rule – Directors Duty of Care & Diligence

Who would want to be a director? The Business Judgement Rule is poorly understood and underutilised. Being a ‘director’ is…

Continue Reading →