Webinar: Coronavirus (COVID-19). Know your directors’ duties and how to manage them
Monday, 6 April 2020
2:30pm to 3:30pm
Cost (Inc GST)
Webinar time is Australian Eastern Daylight Time (AEDT)
As the impact of coronavirus (COVID-19) evolves, many companies are suffering financial distress as business disappears and cash flow dries up. The government has offered some relief for directors by amending the insolvency laws, especially by suspending the operation of the insolvent trading provisions. However, this does not give directors a licence to ignore their other duties. What will this mean for your company’s directors and officers?
In this webinar our experts will consider the government’s ‘regulatory shield’ and examine the flexibility and changes that will help businesses manage risks in the coming six months – and be best placed to come out the other side.
Our experts will:
- Walk you through the changed legal landscape
- Explain how to mitigate the legal risks
- Discuss the impact of the measures taken by the Commonwealth and State Governments to slow down the spread of the virus
- Examine government assistance and restructuring options, including injecting capital in a safe environment
- Look at how to manage debtors, creditors and employees
- Examine the relief from bank default, creditor deferrals and tenant hardship.
Gavin Robertson, Principal, Macpherson Kelley
Gavin Robertson is an experienced corporations and corporate regulatory lawyer. Starting his career in litigation, Gavin has since specialised in commercial law, in particular regulated transactions and governance matters, dealing with the Corporations Act, ASX listing rules and takeovers panel guidance. Gavin is highly regarded in his field and valued by clients for his direct, no-nonsense approach to finding solutions to their problems and achieving their goals.
John Keenan, Principal, BRI Ferrier
John Keenan is a principal with BRI Ferrier, specialising in corporate restructuring for businesses in both growth or distress situations. John’s expertise extends from advising boards in difficult circumstances, to taking control of businesses through formal appointments such as Voluntary Administration. He has experience in many industries including financial services, retail, listed entities, manufacturing, insurance, clubs and not-for-profit entities. On numerous assignments, he has sold businesses, introduced new management and capital and resolved commercial disputes as part of restructuring engagements.
Who should attend:
This webinar is highly recommended for directors and officers.