Webinar On Demand - Exploring Director Liability

1 CPD Unit – Substantive Law

Limited liability companies, including proprietary limited (Pty Ltd) entities, are frequently recommended by professional advisers as a “safe” and effective business structure. From an asset protection perspective, they can offer significant protection for business owners and directors.

However, when a company fails, directors may still face personal liability in a range of circumstances. For legal practitioners and accountants advising clients, understanding these risks and the strategies that may help minimise personal exposure is essential.

In this webinar, Exploring Director Liability, Dino Travaglini of Travaglini Corporate Advisory provides valuable insights into the personal financial risks company directors may face. He outlines the key issues advisers and legal practitioners should be discussing with their clients to help them better understand, manage, and reduce these risks.

In this webinar, Dino will cover:

• Personal liability of directors for unpaid company taxes;
• Personal liability of directors for unpaid company superannuation;
• Nature of the personal liability owing to the ATO;
• Personal exposure under the Corporations Act when a company fails, including:
  • Insolvent trading;
  • Anti-phoenixing provisions; and
  • Breach of directors duties;
• Personal guarantees & risks to the family home under charging clauses; and
• Director/shareholder loan accounts.

This webinar is suitable for company directors, legal practitioners, accountants and other professional advisers and is pitched at an entry level. It is ideal for company directors and any professional advising on business structures for their clients.

Continuing Professional Development

Legal CPD:

WA legal practitioners (QA Provider ID 29250)

1 CPD Unit, CPD Obligation Field 4 – Substantive Law. To ensure you receive your CPD Units for this event, please provide us with your Legal Practice Board Practitioner ID during registration. Note: CPD Units are only available for participation in the live webinar. At this time, webinar recordings (for those that are registered but unable to attend) are not eligible for WA Legal CPD Units.

Legal practitioners outside of WA

If you consider that this webinar satisfies your individual requirement, or is relevant to your immediate or long-term professional development needs, you may claim 0.5 CPD Units for every 30 minutes of attendance and participation.

Accounting CPD:

1 CPD Point

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Presenter: Dino Travaglini
Director, Travaglini Corporate Advisory

Dino heads up Travaglini Corporate Advisory, a firm which specialises in restructuring and turnaround of distressed businesses.

Dino has over 30 years’ experience in all types of formal corporate and personal insolvency administrations and corporate restructure, most of which was as a partner of national chartered accounting and restructure firms, Moore Stephens and Cor Cordis.

His experience extends to dealing with and advising businesses which are facing financial stress, and he provides solutions to relevant stakeholders, including secured lenders, creditors and directors.