What to do if your supplier goes bust

Round-table run on 21st April 2020

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Notes: The agile notes for the session that are available to download were created by one of the attendees, Natascha Schaller from Cochlear

(Thanks Natascha, we think these are brilliant)

About the Round-table

The sad reality of the current crisis, after the human cost, is the economic cost to so many – including suppliers. 

Many suppliers will be facing insolvency, administration or even liquidation … but what is the difference between the three?

Can you still trade with them? What if you have part-finished work in progress or have sunk stage payments? How strong is your contract with them? Where is the true risk?

The federal government have announced relaxations of company law to try and ensure some suppliers can limp on – what does this mean in reality though?

How will it help you? And what are the longer term consequences for your supply line? And the real risk buying from technically insolvent suppliers?

Join the Aspect Legal team to refresh on all the rules and what they mean, as well as how the recent changes help you.

Take the chance to ask the questions you need answering right now …

Your Expert Facilitator 

Aspect Legal is a small boutique legal practice based in Sydney which specialises in business to business commercial law – including procurement.

The firm was founded and is led by Joanna Oakey, who has a rich history and expertise as a specialist procurement lawyer.




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Category Risk management, Supplier Relation & Stakeholder Management
Type Virtual Round-table Recording
Date Entered 21/04/2020