COVID-19: Insolvency reforms to support small business

The focus of this video, presented by Aubrey Brown, Lawyer, Construction Litigation and Litigation Team Leader Sharnie Leith, is on small business support measures and the changes to the restructuring of small businesses with debts less than $1,000,000.

From 31 December 2020 there will be a simplified restructuring process for small businesses with the hope that it will allow small businesses to negotiate their debts, keep control of their companies, and continue to employ people.

Key points covered in this video are:

• Who is eligible for the support;

• What do they need to do if they identify they need assistance with their debts;

• What are the time limits

If you need assistance call us on 02 4350 3333 or email and we will assist and support you to ensure your small business is safe

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