Legal development

Navigating choppy waters when venture capital markets tighten risks for directors

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    Not since the GFC has the spectre of financial distress loomed in the Australian economy. COVID looked scary at first but ultimately, it was a boom rather than a bust for most. But that honeymoon period is over and we are starting to see the screws tighten around the world. This is particularly being felt in the high growth and start-up sector where many companies have raised funds and are not yet at the break-even point.

    Authors: Alinta Kemeny, Partner; Camilla Clemente, Partner; Michael Sloan, Partner; Stuart Dullard, Partner; Jason Maletic, Partner.

    The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
    Readers should take legal advice before applying it to specific issues or transactions.

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