Friday 30 Apr
8:00am - 9:00am
11 spaces available
The September 2020 Supreme Court decision in Debut Homes (In Liquidation) v Cooper covers situations when directors can become personally liable for reckless trading.
The case relates to unpaid tax debts remaining at the conclusion of a residential property development program in circumstances when all other debts were paid. Although the overall level of company debt had reduced as a result of the decision to continue to trade and complete the developments, it was inevitable that IRD would be unpaid and that led to a finding of breach of director’s duties.
Join us and Ben Russell, Partner, Lane Neave for an update on this important topic.
Light refreshments provided
Level 2, 83 Victoria Street
This is a Free Session