COVID-19: Temporary ‘safe harbour’ from directors’ insolvency duties

As mentioned in Hesketh Henry’s article “COVID-19: Insolvency law changes” (https://www.heskethhenry.co.nz/insights-opinion/covid-19-insolvency-law-changes/), Grant Robertson has announced that the Government will soon be introducing legislation to make temporary changes to the Companies Act 1993 (“Act”) to help companies facing insolvency due to the COVID-19 pandemic.

Filed under:
New Zealand, Company & Commercial, Insolvency & Restructuring, Hesketh Henry, Coronavirus
Authors:
Julika Wahlmann-Smith , Kate Telford
Location:
New Zealand
Firm:
Hesketh Henry