A timely reminder of the personal liability that directors of a company may encounter when their company fails and what you should be aware of when advising your clients to minimise their personal exposure.
11.00am to 12.00pm Personal Liability of Directors for Financial Liabilities: What You Need to Consider when Advising Your Clients
- Personal liability of directors for unpaid company taxes
- Personal liability of directors for unpaid company superannuation
- Nature of the personal liability owing to the ATO
- Personal liability under the Corporations Act when a company fails, including:
- Insolvent trading
- Anti-phoenixing provisions
- Breach of directors duties
- Exposure under personal guarantees
- Personal guarantees and risks to the family home under charging clauses
- Personal guarantees provided for building companies
- Director/shareholder loan accounts
Presented by Dino Travaglini, Director, Travaglini Corporate Advisory
Description
Attend and earn 1 CPD hour in Technical Competence
This program is applicable to practitioners from all States & Territories
Presenters
Mr. Dino Travaglini, Director, Travaglini Corporate Advisory
Dino is a director of Travaglini Corporate Advisory, a boutique corporate advisory and chartered accounting firm. The firm specialises in advising on business restructure, business turnaround, bank debt restructure, insolvency advice, independent expert reports and Safe Harbour advice. Mainly working with businesses which are experiencing financial distress. Prior to establishing Travaglini Corporate Advisory, he was a partner and principal for over 30 years with national chartered accounting and restructure firms, undertaking formal corporate and insolvency administrations and restructuring assignments. Relevant to today’s presentation, is that as part of providing restructuring advice, Dino needs to understand not only the financial position of the companies, but also the personal exposure and liability of its directors.
This seminar is part of a series
Advising Small Business Series
Thursday, 13 April 2023
Ensure that you are up-to-date with recent changes affecting your small business clients. This series will provide you with a timely update on changes to FBT and the current focus areas for the ATO. WEB234A01Z
Description
Teachers attending the entire series earn 6 Professional Development Hours (NSW, VIC) / CPD Points (QLD, WA, SA)
Lawyers attending the entire series earn 6 CPD units in Substantive Law
This program is applicable to practitioners from all States & Territories
If you register for the full series as a live online product after the date of an individual session, you will be sent the recording for the sessions that have passed. Alternatively, you can register for individual sessions by following the links below.
View series listing
