Director liability for uncommercial transactions : is s 588G(1A) impotent to provide liquidators the means to seek compensation for creditors?

Wellard, MN

Director liability for uncommercial transactions : is s 588G(1A) impotent to provide liquidators the means to seek compensation for creditors?

Wellard, MN

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Publisher:: LexisNexis Butterworths
Publication Type:: Journal Article
Citation:: Insolvency Law Bulletin, 2012, 13 pp. 37 - 41
Issue Date:: 2012-09

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Field	Value	Language
dc.contributor.author	Wellard, MN https://orcid.org/0000-0003-3784-2079	en_US
dc.date.issued	2012-09	en_US
dc.identifier.citation	Insolvency Law Bulletin, 2012, 13 pp. 37 - 41	en_US
dc.identifier.uri	http://hdl.handle.net/10453/134013
dc.description.abstract	In the 10 years since the addition of uncommercial transactions to the table of deemed “debts incurred” in s 588G(1A) of the Corporations Act, the sub-section has arguably achieved little. This article explains why this has been so, and what needs to be done to enable this aspect of Australia’s insolvent trading laws to operate effectively and as originally intended.	en_US
dc.publisher	LexisNexis Butterworths	en_US
dc.relation.ispartof	Insolvency Law Bulletin	en_US
dc.title	Director liability for uncommercial transactions : is s 588G(1A) impotent to provide liquidators the means to seek compensation for creditors?	en_US
dc.type	Journal Article
utslib.citation.volume	13	en_US
utslib.for	1801 Law	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Law
utslib.copyright.status	open_access
pubs.consider-herdc	false	en_US
pubs.volume	13	en_US

Abstract:

In the 10 years since the addition of uncommercial transactions to the table of deemed “debts incurred” in s 588G(1A) of the Corporations Act, the sub-section has arguably achieved little. This article explains why this has been so, and what needs to be done to enable this aspect of Australia’s insolvent trading laws to operate effectively and as originally intended.

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http://hdl.handle.net/10453/134013