What are Voidable Transactions?
Under the Corporations Act 2001, there are several transactions that may be considered voidable in circumstances where a company is placed into liquidation.
In the video, you'll discover these key points:
1. The common types of voidable transactions.
2. What is unfair preferences?
3. What is unfair loans?
4. What should creditors be aware of when it comes to voidable transactions?
Cathro and Partners' educational videos aim to outline the types of insolvency and restructuring options available with a brief overview of the steps required to undertake each option. Each video enables a high level of understanding of each option to be initially briefed on choosing which option is best. These videos provide stakeholders such as creditors, banks and employees an understanding of what requirements need to be undertaken during the course of a particular insolvency path.
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