Bare-knuckle law

Article Abstract:

The Corporations Act imposes five years of jail for the dishonest directors of failing companies, moreover, those who arrange for the companies to repay claimed debts to themselves or their families in an attempt to get in ahead of other creditors are being charged with criminal offences. Experts feel that it is only in a minority of instances that directors of failed companies try to obtain money from the company the day before it collapses.

Government regulation (cont), Government regulation, Business Failures, Venture Analysis, Laws, regulations and rules, Corporate directors, Business enterprises, Commercial crimes, Abbott, Charles

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Mortgage mystery

Article Abstract:

The details of mortgage security case of jailed Australian businessman Ray Williams are discussed.

Businessmen, Bank fraud, Williams, Ray

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