Tag: Directors' Duties

Current Insolvency provisions under the Australian Corporations Act impose a duty on Directors not to trade while insolvent, but also not to trade in a manner that will lead it to insolvency. Although this may not appear too onerous an obligation, it can actually be trickier than it seems.  Some companies regularly flirt with insolvency, […]

With the ever increasing fast pace of society, a successful business, particularly an entrepreneurial one, often needs to take business risks to stand out. However, risks often bring with them the potential for liability.