Tag: Insolvent Trading

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, […]

A dramatic spike in voluntary administration rates is being forecast for listed companies, with small and medium sized businesses across a range of key sectors thought to be most at risk.