Barbara Dimovska


The panellists today noted the increased use of the safe harbour for directors as a protection against insolvent trading risk in the current economic environment. Its potential use as a tool in a business overhaul by concerned companies, and not merely insolvent ones, was also noted. Its use in the following contexts was noted: a tool to allow a company to consider strategies for long-term profitability rather than just to fix immediate cashflow issues;to use…