Directors’ duties to prevent insolvent trading in a crisis: Responses to COVID‐19 in Australia and lessons from Germany – Wiley

Bankruptcy

1 INTRODUCTION: DIRECTORS’ DUTIES IN A CRISIS Relief from directors’ duties to avoid trading whilst insolvent has been a common global response to the economic crisis precipitated by the COVID-19 pandemic.1 These duties are configured in legislation in different ways, depending on the jurisdiction, including as a prohibition on insolvent, wrongful or fraudulent trading, or…

Jay Cutler’s Reaction To Brandon Marshall Asking Him For $60000 After Blowing All His Money In Vegas Is Exactly As You’d Expect – BroBible

Gambling

RJ Sangosti/The Denver Post via Getty Images During his third season in the league, Brandon Marshall blew six figures in Vegas and his entry level contract could not fit the bill. Marshall phoned his quarterback Jay Cutler to request an advance of $60,000 to cover the gambling marker, and Cutlers response was exactly what youd…

Business Restructuring: Transfer Pricing and Documentation – Bloomberg Tax

Restructuring

Business restructurings of multinational groups very often include a transfer pricing aspect, either (i) because an existing transfer pricing policy needs to be re-examined and possibly modified further to the restructuring, and/or (ii) because it must be determined whether the restructuring in itself is implemented in accordance with the arms-length principle. Since the arms-length principle…

UK Insolvency Restrictions LiftingHoping for Best, Preparing for Worst? – Bloomberg Tax

Bankruptcy

As the country went into lockdown from March 2020, the government was rightly concerned with ensuring that support measures reached people and businesses in need as quickly as possible. This led to an unprecedented level of funds being made available using new schemes and mechanisms. Moratoriums on enforcement action included protection for directors against liabilities…

ChapterTwo launches first of its kind debt management mobile app in Australia – Stockhead

Debt Help

Link copied toclipboard Credit Intelligences subsidiary ChapterTwo has made great strides in the debt management space in Australia, helping people to avoid bankruptcy. Credit Intelligence (ASX:CI1) subsidiary ChapterTwo Australia is set to launch its new Debt Management app, and has already begun a pilot rollout ahead of a full launch expected in the last week…