On 25 March 2020 the Federal Government passed legislation to give relief to businesses and individuals during the coronavirus pandemic. This article seeks to summarise those changes to Bankruptcy Notices and Creditor’s Statutory Demands. https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Providing_temporary_relief_for_financially_distressed_businesses.pdf
We want to take this opportunity to reassure our clients that we are still open and here for you.
We are working hard to stay on top of the latest legal developments so that we are in the best position to help our clients navigate the business and legal implications of the Coronavirus.