How can I protect my business from a debtor getting into financial trouble or going into insolvency? | Practical Law

How can I protect my business from a debtor getting into financial trouble or going into insolvency? | Practical Law

This note outlines how to respond to the financial difficulties or insolvency of a company that owes money. It considers how to press for payment from a distressed trading partner, key contractual issues and outlines the position of an unsecured creditor in the insolvency process.

How can I protect my business from a debtor getting into financial trouble or going into insolvency?

by Practical Law New Zealand with James McMillan, Partner, Dentons Kensington Swan
Law stated as at 14 Dec 2022 • New Zealand
This note outlines how to respond to the financial difficulties or insolvency of a company that owes money. It considers how to press for payment from a distressed trading partner, key contractual issues and outlines the position of an unsecured creditor in the insolvency process.