Shaw / Rablin v DCT – DPN summary judgment set aside – arguable defences for taking s269-35(2)(a) ‘reasonable steps’ to obtain finance for company to pay its liability and, on failing, to place the company into liquidation
On Tuesday 1.11.2016, the Qld Court of Appeal allowed an appeal by 2 company directors against summary judgments made on 1 April 2016 for an aggregate $1.8m in Directors Penalty Notice (DPN) liabilities. It overturned the decision of Bond J, at first instance, in the Queensland Supreme Court in DCT v Rablin; DCT v Shaw [2016] QSC…