New safe harbour provisions are set to offer protection for directors who keep a struggling company trading, provided they demonstrate appropriate steps are being taken to restructure the business. Vantage Performance Executive Director Michael Fingland describes it as a game changer, that will save many businesses that might otherwise
As one of the country’s leading providers of safe harbour expert advice, Vantage has made a submission setting out practical insights into its use and recommendations on how it can be improved.
Vantage keeps abreast of developments and situations which might impact an entity’s eligibility for safe harbour protection. By sharing such information, our goal is to ensure that boards and management teams are aware of nuances within the legislation and take appropriate steps in respect to their safe harbour status.
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