Our Blog Articles

We have collated some of the most asked questions about
the safe harbour process to assist directors and their advisors
better understand safe harbour and what it can do.
05/17/2018
Appropriately Qualified Entity

Under the new safe harbour laws the engagement of an “appropriately qualified entity” (AQE) is a key consideration for courtsdetermining whether a director can rely on safe harbour protection. So what does this actually mean and who should you engage to provide safe harbour turnaround advice?

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05/17/2018
What Is Safe Harbour? All the Legal Stuff Explained.

By way of introduction, insolvent trading occurs when a person is a director of a company at a time when that company incurs a debt and the company is insolvent or becomes insolvent because of the debt and there are reasonable grounds for suspecting the company is insolvent or would become insolvent.

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05/17/2018
When Should A Director Access Safe Harbour?

All this talk about safe harbour sounds interesting and useful however if you’re a company director you will probably struggle to know when or even if you should be implementing safe harbour.

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05/16/2018
What is a “Better Outcome” for Safe Harbour Purposes?

The key test under the new safe harbour laws is that the turnaround plan must be reasonably likely to result in a better outcome than the immediate winding up/administration of the company.

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Appropriately Qualified Entity
Appropriately Qualified Entity

Under the new safe harbour laws the engagement of an “appropriately qualified entity” (AQE) is a key consideration for courtsdetermining whether a director can rely on safe harbour protection. So what does this actually mean and who should you engage to provide safe harbour turnaround advice?

Read more
What Is Safe Harbour? All the Legal Stuff Explained.
What Is Safe Harbour? All the Legal Stuff Explained.

By way of introduction, insolvent trading occurs when a person is a director of a company at a time when that company incurs a debt and the company is insolvent or becomes insolvent because of the debt and there are reasonable grounds for suspecting the company is insolvent or would become insolvent.

Read more
When Should A Director Access Safe Harbour?
When Should A Director Access Safe Harbour?

All this talk about safe harbour sounds interesting and useful however if you’re a company director you will probably struggle to know when or even if you should be implementing safe harbour.

Read more

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