What are the advantages of a Deed of Company Arrangement to directors?

There are numerous advantages to directors of entering into a Deed of Company Arragement. These include;

• ending creditor pressure
• avoiding a company being placed into liquidation
• retaining and developing a business with a restored or restructed balance sheet and removal of old debt
• avoidance of possible actions such as insolvent trading claims and voidable transactions
• retention of tax benefits such as carrying forward past losses to apply to future profits