Directors Liable for Debt Incurred Without Contract
29 August 2005
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.
Sometimes I get curious about who reads this blog. Judging by the number of *.unimelb.edu.au and *.uq.edu.au visitors, I suspect that you’re mostly law students looking for notes. Am I wrong?
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