Director Liability for Insolvent Trading:
Director Liability for Insolvent Trading: Key Principles from Woodworx Joinery Holdings Ltd (In Liq), Re [2026] NSWSC 39 The recent decision in Woodworx Joinery Holdings Ltd (In Liq), Re [2026] NSWSC 39 provides important guidance on director liability for insolvent trading and reinforces several fundamental principles that apply to both statutory and de facto directors. This […]
Director Penalty Notices – Rights, Responsibilities, and Recourse
In the realm of corporate governance, directors play a pivotal role in steering the course of their companies. However, with such authority comes responsibility, including ensuring compliance with tax obligations. In pursuit of tax collection, the ATO often resort to Director Penalty Notices (DPNs) as a means to hold directors personally liable for certain tax […]