A Six Month Suspension of Insolvent Trading Laws: a solution or a recipe for disaster?
We live in interesting times. COVID-19 has impacted all aspects of our lives and on 24 March 2020 we have been introduced to the Coronavirus Economic Response Package Omnibus Act 2020 (CERPO Act) that (among other things) introduced a number of new measures to provide flexibility in the Corporations Act 2001 (Cth) (Corporations Act) and temporary relief for financially distressed individuals and businesses. Read More