The Business

Directors role when a company is in administration


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It's ultimately a director's job to set the strategy that guides a company to success. So when one of the thousands of companies that hit problems in Australia each year is forced into administration, it's the directors taking the heat. As the creditors line up some of those same directors want to keep control but there are questions over whether they should be allowed to.
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The BusinessBy [email protected] (ABC News)