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Navigating a potential insolvency?  Safe harbour provisions help directors in rough water

Navigating a potential insolvency? Safe harbour provisions help directors in rough water

by Merle Willis | 27 May 2019 | General

Australia’s insolvency laws have long discouraged responsible restructuring by company directors. When balancing the potentially significant personal liability in breaching the director’s duty to prevent insolvent trading against the company’s risks in trading its way...
Company directors: avoid ASIC penalties by knowing your duties

Company directors: avoid ASIC penalties by knowing your duties

by Merle Willis | 27 May 2019 | General

In making 76 separate recommendations in its final report, the Banking Royal Commission took aim at many players in the Australian financial system. Justice Hayne reserved stinging criticism for the Australian Securities and Investments Commission (ASIC) over its...

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