Safe Harbour for Directors: When Does It Apply?

Safe Harbour for Directors: When Does It Apply?

If your company may be unable to pay its debts, acting too late or taking the wrong step can increase your personal legal risk. The safe harbour provisions for directors Australia provide eligible directors with a potential defence to insolvent trading liability while...
Statutory Demand Response NSW: Act Before Time Runs Out

Statutory Demand Response NSW: Act Before Time Runs Out

An informal promise to pay or a dispute raised by email won’t protect your company from a statutory demand deadline. For a statutory demand response, the first priority is to act within 21 days of service. That period can’t be extended.A demand isn’t itself a court...