Safe Harbour for financially distressed companies – Webinar

Simon Cathro

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.

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Overview of The 7- Figure Plateau with Mark Calleja

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Petitioning creditors and protection of their secured position

A petitioning creditor is a person or entity to whom a debtor owes money and who takes legal action by filing a creditor’s petition with the court to have the debtor declared bankrupt. This is a formal process to recover a debt that has not been paid, usually after the expiry of