Family run business are often tangled with both husband and wife providing guarantee’s and being directors of a Company to allow them to borrow funds and in the hope of reducing their tax obligations.

What happens when one partner continues the business and the other seeks to be indemnified and the Company goes into Liquidation. Will their indemnity protect them from claw back by a Liquidator? Some examples and practical tips on the process and what it may mean for your clients.  Planning ahead may be a better strategy then leaving your client exposed.

Outcomes: An understanding of formal insolvency and its effect of orders that are being sought. A range of technical and practical solutions.


TARGET AUDIENCE: 

Family Lawyers


LENGTH: 

1 Hour

Workshops and Seminars 
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