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Affinity webinar

Diving into the small business insolvency reforms

Affinity webinar: Diving into the small business insolvency reforms

Recently announced insolvency reforms were welcome news for SME company directors.

Designed to reduce the complexity and cost to restructure a financially distressed business, the reforms provide a lifeline to potentially viable business looking to restructure COVID-induced or existing debts.

The reforms are expected to take effect from 1 January 2021, to align with the expiry of the current moratorium on insolvent trading which concludes on 31 December 2020.

In this webinar, we uncover the intricacies of the reforms, including key features, eligibility requirements, what constitutes a restructure plan and the roles of key advisors. We discuss the reforms in practical terms and answer any questions from our audience.