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Directors’ personal liability issues in corporate insolvency paper

Published on 11 Jun 09 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

This paper covers:

  • insolvency - the legal framework
  • insolvent trading - Directors' duties
  • liability for insolvent trading
  • defences to insolvent trading claims
  • water wheel case - lessons learned
  • insolvency and the ATO.

Author profile:

Simon Theobald
Simon is a partner of insolvency firm, PPB. He has more than 10 years experience in corporate reconstruction and reorganisation, having been involved in both formal and informal insolvency administrations. Simon has extensive experience in forensic accounting, crisis management and litigation support assignments and has gained experience across a broad range of industries. He is particularly recognised for his work in property and construction, managed investment schemes and the mining industry. Current at 20 April 2009
 

This was presented at Directors Duties and Insolvency - Are your Clients Failing to Meet their Obligations?.

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