There is a nasty sting in the tail of the COVID legislation for Directors of companies with more than $1 million debt. There are however new options for many smaller businesses with less debt.
If you are in any doubt about your business financial position, here’s what you need to know about the recent changes to restructuring and insolvency.
There have been some big changes to the laws around business insolvency and restructure this year. So what do Directors of businesses, both big and small, need to keep in mind as they come out of the COVID crisis? We asked Ginette Muller to talk us through the implications of the changes, and the options for company Directors. Listen in, there is a bit to take in!