Tag: Insolvency Laws

The Treasury has identified a need to improve creditor schemes of arrangement to help viable businesses in financial distress restructure. Here’s how to have your say.

There are four key actions that small business owners should take immediately, to ensure they are well positioned once they, or their suppliers, come off JobKeeper this month.

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, […]