The morals vs ethics of a corporate restructure is a controversial topic.

Here, we discuss two converse views on a corporate restructure. Just because something may be morally wrong (on one view), doesn’t make it unethical on another.

We briefly touch on why a corporate restructure may be the right choice for a shareholder and some creditors and what ‘burnt’ creditors could do if it is done incorrectly.

At Norling Law, we are on both sides of corporate restructures. Sometimes we are on the side of the creditors who want to hold the debtors’ director liable. Other times, we assist the directors of the debtor company to undertake a robust restructure of the business that allows the business to continue, whilst some creditors remain unpaid.

Whichever side you are on, we can provide insight. We offer a FREE 30-minute legal consult where we can discuss the issues. You can book here:

You may also like

Effectively Dealing with Shareholder Disputes
An issue we are seeing more frequently is minority shareholders views’ being disregarded by the majority shareholder. This typically occurs when there are no shareholder agreements and the majority shareholder believe it is their [...]
Dealing with Letters from Liquidators
Liquidators frequently send demand letters. Some are meritorious demands. Others are no more than a ‘shakedown’ to get recipients to pay. Knowing the difference is crucial to determining the appropriate strategy in response. In [...]
Two Steps to take in a Struggling Business
If you are an owner of a struggling business, there are TWO THINGS you need to be doing right now. In this video, Brent Norling discusses these two things which will have a meaningful impact on your business. Whether your issue is [...]

Page 3 of 17