Beyond Mainzeal and into 'the twilight zone'

Mainzeal built the supreme court where a week long hearing will take place over the company's demise. (Image: Supplied)

Mon, 07 Mar 2022

In normal times, a supreme court hearing on directors’ liability is pretty interesting for company nerds like me and, I expect, the legal community.But in these uncertain covid times, a ruling on what well-meaning directors should be doing when a company is facing insolvency, often dubbed “the twilight zone”, is all too relevant.With the government’s support waning but restrictions still biting, shit is about to get very real for company directors coping with the economic effects of the covid-19 pandemic.This is why this...

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