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Avoiding Trading Insolvent: A Director's Duty | Law Way

TJC

Terri discusses the responsibility of company directors to ensure that their company does not trade insolvent. It's important to be aware of your legal obligations when considering taking a position as a company director.

The Law Way video material is explored in depth at our Law Way workshops. See our website for information about the next Law Way workshop.

Terri Janke and Company are an Indigenous-owned law firm based in Sydney, Australia. We specialise in commercial law, with a focus on Indigenous Cultural and Intellectual Property (ICIP).

For more information see our website http://www.terrijanke.com.au To engage our services, please contact us.

CREDITS ~ Copyright: Terri Janke and Company, 2016 ~ Artwork: 'My Country' by Bibi Barba ~ Music: 'Child of the World' by Toni Janke

Special thanks to Devris Hasan, Sarah Grant and Tamina Pitt

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© 2025, Terri Janke and Company

All professional photography by Jamie James at James Photographic Services and Stephen Wilson Barker.​

The painting 'Terri - Butterfly Flowers Dreaming' by Bibi Barba has been used under license in the firm photographs, including for staff profiles.

The painting  'Ancient Tracks and Waterholes' (2019) by Rene Kulitja has been used under license in some firm photographs on the TJC website homepage, staff profiles, careers and services pages. Visit Maruku Arts for more work by Rene Kulitja.

The visual artwork ‘Freshwater Lagoon 1’ by Lisa Michl Ko-manggen has been used under license in some photographs and videos. Visit Cape York Art for more work by Ko-manggen.

The painting ‘My Country’ by Bibi Barba has been used under license in some photographs and Law Way videos. Visit Bibi's website.

Liability limited by a scheme approved under Professional Standards Legislation

​Disclaimer: The information found on our Website and Blog is of a general nature and is not intended to be legal advice on specific matters. Although we attempt to provide accurate and timely information, we do not guarantee that the information in this article is accurate at the date it is received or that it will continue to be accurate in the future. Contact us for advice on a specific matter.

CREDITS

Terri Janke and Company acknowledge the Traditional Owners of the lands on which we live and work.
We acknowledge the Bidjigal People, the custodians of the Country where our office is located.

We extend our respect to all Aboriginal and Torres Strait Islander peoples throughout Australia. We recognise their ongoing connection to land, sea and skies. We pay our respects to their knowledge, and to the Elders past and present.

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