A Safe Harbour for Directors? Shielding against personal liability for insolvent trading

A Safe Harbour for Directors? Shielding against personal liability for insolvent trading

The Australian Government’s Productivity Commission, tasked with independent research and advisory on various economic, social and environmental issues, has recommended amendments to the Corporations Act 2001 (Cth) (Act) which will introduce a ‘safe harbour’ for company directors facing personal liability for insolvent trading.

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