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Business
6 mins to read

Insolvent trading reforms a priority, experts say

Safe harbours – relaxing existing laws would give directors time to assess Covid-19 impacts.

Reweti Kohere Fri, 27 Mar 2020

Company directors facing the likelihood of trading while insolvent due to hits they have taken from the Covid-19 pandemic could do with the protection of ‘safe harbour’ rules or the relaxing of reckless trading laws, insolvency experts say.

According to EY’s Global Risk Survey 2020, which

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Reweti Kohere Fri, 27 Mar 2020
Contact the Writer: reweti@nbr.co.nz
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Insolvent trading reforms a priority, experts say
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