Insolvency update and COVID-19

In this 1-hour introduction webinar, Alice Ruhe will share her insights on the current COVID-19 crisis together with key considerations, concepts and options amid a financial and economic crisis.

Keep up to date with insolvency developments impacting Australian SMEs and businesses in this 1-hour introduction webinar, where Alice will share her insights on business’s ability to stay solvent amid a financial and economic crisis. Hear about:

  • Impact and implications of COVID-19 on business operations (i.e. cash flow, customers, supply chain, employees, short sharp or long drawn out impact);
  • How to know when a company is insolvent. The difference between temporary liquidity challenges and endemic shortage;
  • Why determining insolvency is important;
  • Directors duties around trading while insolvent and temporary safe harbour;
  • What options are available for business who are in financial distress;
  • Where can CAs find the right advice?

  • Learning Outcomes

    Upon satisfactory completion of this activity delegates will be able to:

  • Identify the impact and implications of COVID-19 on business operations;
  • Describe when a company is insolvent;
  • Explain the differences between temporary liquidity challenges and terminal deficiencies;
  • Identify directors’ duties around trading while insolvent, including temporary relief safe harbour;
  • Identify what options are available for business who are in financial distress.
  • Benefits

    Benefit from practical insights and awareness around insolvency during financial crises, which should enable you to identify the impact on your business.

    Alice Ruhe

    Alice has practised in the Insolvency and Corporate Recovery Industry for over 15 years and is a Registered Trustee in Bankruptcy and a Registered Liquidator.

    Alice is a member of both the Institute of Chartered Accountants in Australia and the Australian Restructuring Insolvency and Turnaround Association (ARITA) and has experience in all forms of corporate and personal insolvency administrations.

    Alice believes that in most instances early diagnosis and accurate prognosis can foster the best results. “All too often, good businesses go by the wayside because the early signs of potential distress have been ignored, or worse, have not been identified at all”.

    Alice has had experience dealing with administrations involving the building, hospitality, information technology, accounting, legal, medical, retail and various other industries.

    Alice is a true believer in providing clear and relevant communication to stakeholders and acknowledges that more often than not “things are not always quite as they seem”.


    Topic: People & Leadership

    Sub-Topic: Insolvency, Leadership

    Format: Recorded Webinar

    Proficiency Level: Foundation, Intermediate

    CPD: Upto 1 hours