WIRV Morning Webinar - Creditor Defeating Dispositions

7 April @ 08:00 am - 09:00 am

Venue

Zoom

About

Thank you to everyone who joined our first webinar of 2022. We are grateful to Brett Warren of ASIC who discussed the introduction of a new form of voidable transaction known as a Creditor Defeating Disposition (CDD). In February 2020, legislation received royal assent that introduced a CDDs.  The presentation covered the following: 1. ASIC’s work in and around CDDs; 2. The legislation that applies to the new CDD transaction; 3. ASIC’s process for handling a liquidator’s request for it to make an order for money or property against a person who has benefited form a CDD; and 4. Criminal offences resulting from a company making a CDD.   The webinar slides can be accessed here.