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Australia
Holding Redlich
The ATO has introduced tax relief measures to assist taxpayers with cash flow and solvency issues caused from COVID-19.
Bennett & Philp Lawyers
An Australian trustee bears unlimited personal liability for all debts, liabilities and expenses incurred by the trust.
Corrs Chambers Westgarth
Restructuring & Insolvency Comparative Guide for the jurisdiction of Australia, check out our comparative guides section to compare across multiple countries
Norton Rose Fulbright Australia
Company directors must take an active interest in company operations and ensure best practice corporate governance.
Cooper Grace Ward
The safe harbour provisions may provide some protection, during COVID-19, from directors' insolvent trading liability.
Cooper Grace Ward
This determination allows electronic signatures and virtual meetings to enable business continuity during the pandemic.
Corrs Chambers Westgarth
Startup organisations need to grapple with government policies and laws designed to help them survive the pandemic.
ClarkeKann Lawyers
These measures are only temporary, and unless the government extends them further, they will operate for six months.
Carroll & O'Dea
The Coronavirus Business Survival Update - Part 2 is focused on helping businesses to thrive during and after the crisis.
Swaab
Companies in Australia are now able to hold meetings online and company officers can execute documents electronically.
Colin Biggers & Paisley
Listed entities affected by the COVID-19 pandemic should be aware of these temporary changes to raising urgent capital.
Worrells Solvency & Forensic Accountants
The Federal government has ramped up its attack in the ongoing war on illegal phoenix activity perpetrators.
Worrells Solvency & Forensic Accountants
In light of this recent ASIC prosecution, directors should consider the Corporations Act insolvent trading provisions.
Williams + Hughes
Amendments to bankruptcy and insolvency laws may lessen the economic impacts of COVID-19 on individuals and businesses.
Marque Lawyers
The temporary changes to insolvency laws will provide directors with relief from personal liability for insolvent trading
Bartier Perry
Even if the directors are the sole shareholders, they still have obligations of care and diligence towards the company.
Bartier Perry
Directors should consider if they qualify for the 2017 safe harbour provisions, to develop a COVID-19 recovery plan.
Gilchrist Connell
The purpose of this Phoenix Act is to provide regulators with more powers to detect and disrupt illegal phoenix activity.
McCullough Robertson
The fraud triangle model identifies 3 factors for employee fraud - financial pressure, opportunity and rationalisation.
Norton Rose Fulbright Australia
Major COVID-19 risks include regulatory compliance and how internal controls hold up in a time of extreme disruption.
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