McWilliam’s Wines may have been insolvent six weeks before bust – The Australian Financial Review

A separate accounting firm, McGrath Nicol, had been providing ”safe-harbour” advice to the McWilliam’s directors before that. Safe-harbour provisions in the Corporations Act are aimed at helping directors navigate through complex rules as a company attempts to restructure in pursuit of a better overall outcome. “McGrath Nicol, who had been providing Safe Harbour Advice to…