Live Webinar: Insolvency Safe Harbor Protections and the Ipso Facto Changes – The Implications for Directors and Creditors


Date:  Wednesday 18th July 2018 – Online: 
Vic, NSW, Qld, ACT, Tas: 3pm to 4.30pm  
SA & NT 2.30pm to 4pm 
WA 1pm to 2.30pm

New laws designed to encourage ‘reasonable risk’ taken in the face of financial difficulty are on foot. The aim is to protect directors from insolvency breaches whilst undertaking restructure.  This session examines the key issues and includes:

  • The operation of the new safe harbor insolvency provisions for directors
  • Proving behavior was ‘reasonably likely’ to lead to a better outcome than administration
  • The better outcome test - objective test based on circumstances
  • Onus of proof on liquidator to establish course of action not reasonable in the circumstances
  • The ‘ipso facto’ clauses – preventing terminating supply during restructuring period
  • The importance of meeting employee entitlements and taxation reporting obligations
Our presenter

Justin Vaatstra, Partner, Arnold Bloch Leibler, Melbourne

Justin Vaatstra is an experienced commercial litigator and a partner of Arnold Bloch Leibler’s litigation and insolvency practices. His practice focus has an emphasis on corporate insolvency and intellectual property disputes. Much of his work has an international dimension, involving cross-border issues and conflict of laws.

Justin holds a Master of Laws from The University of Melbourne in the areas of intellectual property and commercial law. He was also a contributing author to World Insolvency Systems: A Comparative Study, published by Thomson Reuters.

Justin is recognised as a recommended lawyer for ‘Dispute Resolution’ and ‘Restructuring & Insolvency’ in the Legal 500 Asia Pacific. He is described by clients as a “very dedicated advocate” who “builds great working relationships”. Justin is also recommended in Doyle’s Guide in the category of ‘Leading Commercial Litigation & Dispute Resolution Lawyers – Melbourne, 2016’ and listed by Best Lawyers® International in the area of ‘Insolvency & Reorganization Law’.


This webinar is suitable for in-House Counsel, lawyers and accountants advising on business law matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.


Live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 1.5 CPD/Training hours.  Lawyers can claim up to 1.5 CPD [CLE] units/points – substantive law.  This webinar has been designed to run for 1.5 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1 hour.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.
At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBDJUL18
 Price:   $253.00 (Inclusive of GST)
© 2019 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.