Directors of Australian companies face significant personal monetary — and potential criminal and adverse professional — consequences if they allow the company to trade whilst insolvent. Australian insolvent trading laws are harsher, and more frequently utilised to prosecute directors personally, than in many other jurisdictions including in the US and…
David Walter is a partner in the Sydney office of Baker McKenzie, focusing on financial restructuring and insolvency. Since 2012, David has been recognised as a leading lawyer in Chambers Asia Pacific, Australian Financial Review - Best Lawyers, Legal 500 and Doyle's Guide. He publishes and speaks regularly on current issues and emerging trends in the Australian restructuring and insolvency market.