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Directors Liable for Debt Incurred Without Contract
Created 30.08.2005 - 00:13

A debt can be incurred by a company and the directors held liable for allowing it to trade while insolvent even in the absence of a formal contract for work, the NSW Supreme Court has found.

Originally by CCH Australia, 11:13 PM

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Cite as: Jaani Riordan, ‘Directors Liable for Debt Incurred Without Contract’ (2005) Jaani.net Internet Law and Technology <http://www.jaani.net/view/2005/08/29/directors_liable_for_debt_incurred_without_contract>.
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