S2 Episode 15: Insolvency Reforms to Support Small Business

Brenton Devanny explains what has changed in insolvency law, how it has affected small business and what the package of reforms promise for small business in 2021. 2020 has been a year where many of the historical practices of insolvency law and how it relates to small business have been delayed and deferred. This presentation includes a summary of changes to insolvent trading, statutory demands and bankruptcy notices, and generally the proposed debtor-in-possession restructuring regime and simplified liquidations.