Australia

Badenoch Integrated Logging Pty Ltd v Bryant

[2021] FCAFC 64

JurisdictionAustralia

Year2021

Statusunclear

Key Principle

The HCA held that the insolvent trading provisions in s.588G of the Corporations Act impose personal liability on directors who fail to prevent the company from incurring debts when there are reasonable grounds to suspect insolvency.

Area of Law

insolvency

Related Cases

Stubbings v Jams 2 International Pty Ltd (2022) 399 ALR 409

Stubbings v Jams 2 Pty Ltd (2022) 276 CLR 233

CGU Insurance Ltd v Blakeley (2016) 259 CLR 339

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