From the Strait of Hormuz to the boardroom – directors, are you ‘distress ready’?

Anna Schwartz, Orla McCoy and Peter Bowden of Gilbert + Tobin warn that Middle East conflict and Strait of Hormuz disruption are intensifying fuel, freight, insurance, inflation and liquidity pressures for Australian businesses, making it critical for directors to prepare a “distress readiness kit”, monitor solvency and counterparty risk closely, engage stakeholders early and consider safe harbour advice before options narrow.

Read more.