"Sexually Transmitted Debts": The Scope of Defences to Directors' Liability for Insolvent Trading

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dc.contributor.author Cassidy, Julie en
dc.date.accessioned 2017-05-18T00:32:58Z en
dc.date.issued 2002 en
dc.identifier.citation Companies and Securities Law Journal, 2002, 20 (7), 372 - 389 en
dc.identifier.issn 0729-2775 en
dc.identifier.uri http://hdl.handle.net/2292/32930 en
dc.description.abstract The recent demise of prominent Australian corporations, such as GIO Australia Holdings Ltd, One.Tel Ltd, HIH Insurance Ltd and Ansett Australia Ltd, have highlighted the relevance of, inter alia, the Australian insolvent trading provisions embodied in the Corporations Act 2001 (Cth) (formerly Corporations Law). What may not be appreciated, however, is that insolvent trading is not only concerned with large public companies. Many of the insolvent trading cases that come before the courts involve small proprietary companies. Moreover, in many cases these are small “family” companies where there may only be one active director. This gives rise to a difficult issue as to the appropriateness of imposing liability for insolvent trading on a spouse who is, factually, merely a dormant director. This article explores the issue of spousal liability for insolvent trading, particularly focusing on the scope of the current defences to insolvent trading under s 588H. en
dc.description.uri http://librarysearch.auckland.ac.nz/UOA2_A:Combined_Local:uoa_alma21161499010002091 en
dc.language English en
dc.publisher Thomson Reuters en
dc.relation.ispartofseries Companies and Securities Law Journal en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. Details obtained from http://sites.thomsonreuters.com.au/journals/files/2016/08/CSLJ.pdf en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.title "Sexually Transmitted Debts": The Scope of Defences to Directors' Liability for Insolvent Trading en
dc.type Journal Article en
pubs.issue 7 en
pubs.begin-page 372 en
pubs.volume 20 en
dc.description.version VoR - Version of Record en
pubs.author-url http://www.westlaw.co.nz/maf/wlnz/app/document?docguid=Ie71a9e6fcf8b11e08eefa443f89988a0&tocDs=AUNZ_AU_JOURNALS_TOC&isTocNav=true&startChunk=1&endChunk=1 en
pubs.end-page 389 en
pubs.publication-status Published en
dc.rights.accessrights http://purl.org/eprint/accessRights/RestrictedAccess en
pubs.subtype Article en
pubs.elements-id 554461 en
pubs.org-id Business and Economics en
pubs.org-id Commercial Law en
dc.identifier.eissn 0729-2775 en
pubs.record-created-at-source-date 2016-12-13 en

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