Safe Harbour

In 2017 new laws were passed to allow directors of companies in financial distress to access Safe Harbour protection from personal liability for insolvent trading while implementing a turnaround strategy for their business. Attempting to salvage a company on the brink of collapse through restructuring efforts is something that is cautiously approached by directors or […]

Safe Harbour

Attempting to salvage a company on the brink of collapse through restructuring efforts is something that is cautiously approached by directors or those acting as shadow directors due to the risk and threat of an insolvent trading liability. This risk is particularly concerning because the ability to determine a company’s solvency at a specific point […]