Description
How well is your business protected during COVID-19? Registering on the PPSR is vital during the current era of lockdowns and law changes, but it can be difficult to know how to do it right.
Learning Outcomes
- Overview of the current PPSR market
- Where are we now and what’s ahead?
- Where are we going?
- Reduction in government stimulus
- Insolvency amendments ending (bankruptcy notices and stat demands)
- Bank and landlord abatement/deferral ending
- Creditor leniency reduction
- How to protect yourself from the risks
- Zombie businesses
- “Walking dead” guarantors/directors
- The general cost of living, increase in insurance premiums, “COVID-19 tax” etc
- Particular industries at risk
- Increased preference claims
- Insolvency industry statistics worth knowing
- Webinar Slides; https://go.creditorwatch.com.au/l/888193/2020-09-28/3cg8/888193/17793/Webinar_Slides___PPSA_Protection_During_COVID_19.pdf
Author
KEY CONTRIBUTORS
Paul Mead
Business Development and PPSR specialist, CreditorWatch
Terry Ledlin
Special Counsel, Ledlin Lawyers
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