Safe Harbour Insolvency Regime
To date, Australian courts have not closely examined the operation of the relatively new Safe Harbour legislation, however greater judicial authority will likely become available as Covid-19 support measures are reduced, and small businesses increasingly rely on expanded Safe Harbour protections.
How to Set Aside a Statutory Demand
If your company receives a statutory demand for payment of a debt, it is worth considering whether an application should be made for it to be set aside.
What are my Duties as a Company Director?
If you are a director of a company, you will be familiar with your fiduciary obligations and the director’s duties prescribed in the Corporations Act 2001 (Cth).
What to do when Faced with a Statutory Demand
If your company receives a creditor’s statutory demand, there are steps that must be taken to prevent a situation from going bad to worse.