By norlinglaw

Considering voidable transactions in the era of Covid-19 may be important for some businesses. At this time we are receiving many questions but this one needs to be shared.

Here we address some proactive considerations for business owners. Steps they can take now to avoid future loss if their client goes into liquidation and the liquidator asks you to pay the money back!

We are happy to take any further questions to help our community of business owners. Feel free to reach out for answers.


You may also like

Ongoing Obligations with the IRD
Unfortunately, when a company is struggling to keep up with its day to day obligations, often payment obligations to the IRD can escalate. In this video, Brent Norling discusses the options a debtor has if they are not currently ...
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 ...
Page 3 of 18