Overcoming the abuse of insolvency laws by related party creditors: turn a challenge into an opportunity for your business

Mark Goldsworthy

Insolvencies are predicted to hit record numbers in 2021. Unfavourable director friendly DOCA’s seem to be part of the insolvency landscape. Credit providers will be all too aware of the prevalence of related creditors controlling the voting within insolvency administrations and forcing deeds of company arrangement (DOCA) favourable to the directors to avoid a winding up and claims against the directors.

Results Legal Fact Sheet – Mitigating and managing increased disputes and insolvencies

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