Liquidation Direct INSOLVENCY, LIQUIDATION AND BANKRUPTCY EXPERTS

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Defences to Insolvent Trading

There are defences to insolvent trading claims available to directors however they are difficult to access.

Briefly, the defences are;

• The director had a reasonable and actual expectation the company was solvent
• The director relied upon a competent person
• The defence of some other good reason
• The director took all reasonable steps to stop the insolvency

Liquidation Experts, Liquidation and Bankruptcy Specialists, Liquidators Registered with ASIC, Bankruptcy Trustees Registered with ITSA, Insolvency and Liquidation Advice, All forms of corporate and personal insolvency, Liquidation throughout Australia, Part IX Debt Agreements, Part X Personal Insolvency Agreement, Bankruptcy Experts.

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