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


18th July 2018

Duration:  approx. 1.5 hours

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
Recorded Webinars,Commercial Law,Recorded Webinar:  Insolvency Safe Harbor Protections and the Ipso Facto Changes – The Implications for Directors and Creditors

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.

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: lisa@tved.net.au

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Product Code: WBDJUL18
 Price:  $253.00 (Inclusive of GST)
© 2022 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.