Safe Harbour for financially distressed companies – Webinar

The Federal Government recently passed laws that allows directors of financially distressed businesses a new 'safe harbour' to turn around their business without the stress of being personally pursued for insolvent trading actions.

The Federal Government recently passed laws that allows directors of financially distressed businesses a new ‘safe harbour’ to turn around their business without the stress of being personally pursued for insolvent trading actions.

We invite you to join Simon Cathro (Cathro & Partners) and Mark Wilson (W Advisors) to discuss the safe harbour process and the important steps you will need to take to ensure protection of yourself whilst maximizing the chances of return probability of your business.

Recent Articles

We’re pleased to welcome Chris Bergin to Cathro & Partners. Joining the team in February 2025, Chris brings with him 18 years of experience across a broad spectrum of corporate and personal insolvency matters. His background includes work in voluntary administration, receiverships, liquidations, safe harbour advisory, and complex restructuring assignments.

Section 588FP of the Corporations Act 2001 (Cth) addresses the validity of security interests granted by a company to certain related parties, particularly its officers. This provision is designed to prevent company officers from securing personal advantages over other creditors, especially in the period leading up to an external administration.

When a business faces insolvency, one of the most overlooked yet critical aspects is ensuring that administrators and receivers are legally and correctly appointed. In this episode of The Cut, expert insolvency lawyer Nick Christiansen from Sparke Helmore joins the conversation with host Simon Cathro, to break down valid vs.