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SHORT COURSE

Financial Distress and COVID-19

$88.00

START DATE

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MODE

Online

DURATION

1.2 hrs

COMMITMENT

1.2 hrs

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Be guided through the typical scope and content of an initial consultation between a director of a financially-distressed SME and an insolvency practitioner.

About this course

In this on-demand, online course, Associate Professor Mark Wellard and Senior insolvency practitioner, Sean Wengel take you through a typical initial consultation between the director of a financially-distressed SME and an insolvency practitioner.

Items discussed include objectives, financial information, strategic options, formal insolvency procedures vs informal workouts, directors’ duties, COVID-19 issues, fees/costs; the role, standards and duties of a professional insolvency practitioner; timing issues - when to act, when to consult, choosing an insolvency practitioner; individual financial distress and business-related bankruptcy and alternatives to bankruptcy.

Course structure

This course consists of a 70-minute video recording of a conversation between Associate Professor Mark Wellard and William Buck Director, Sean Wengel, together with reference resources.

Continuing Professional Development
(CPD)

For NSW lawyers, the Law Society of New South Wales advises: "If this particular educational activity extends your knowledge and skills in areas that are relevant to your practice needs or professional development, then you should claim one (1) "unit" for each hour of attendance, refreshment breaks not included."

Learning outcomes

This course will assist participants to:

  • Understand the role of the insolvency practitioner
  • Identify strategies for advising directors of financially-distressed SMEs.

Discounts

A discount of 10% is available to UTS Alumni or UTS Staff enrolling in this short course. If you are eligible for this discount, please ensure you have provided your UTS Student or Staff ID number during checkout.

When signing up for the session, use the relevant voucher code to apply the discount to your cart:

  • UTS Student / Alumni: Lawalumni
  • UTS Staff: Lstaff

Please note that discounts cannot be combined. A limit of one discount applies per person per course session.

Enrolment conditions

Course purchase is subject to UTS Open Terms and Conditions. 

COVID-19 response 

UTS complies with latest Government health advice. Delivery of all courses complies with the UTS response to COVID-19.

Who is this course for?

This program is particularly useful for:

  • General practitioners
  • Corporate law specialists
  • In-house counsel and general counsel teams
  • Legal officers
  • Insolvency practitioners
  • Litigation lawyers.

 

Acknowledgement of Country

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.

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