Allowing a company to trade while insolvent could have serious ramifications for individual directors. If a director is found to have knowingly allowed a company to trade while in financial difficulty, he/she could be held personally liable for the debts incurred to liquidators or creditors – and could even be found guilty of criminal action.
The PPSA is a single national law governing contractual security interests in personal property. The features of the PPSA include: a searchable national online register
Establishing a business is a challenging process. When two or more parties come together with a shared vision, it is common to focus on setting up the business in a logistical sense first and then selling and marketing the product or service.
Being appointed as a Director of a company is very important. Not only does it increase your personal day-to-day responsibilities, it also increases the responsibility and accountability you have to the company and its shareholders.
It is becoming increasingly common for intellectual property to be one of the most valuable assets of a business. Indeed, in many cases it is the most valuable asset of a business.
Buying or selling a business is a major decision (for both parties). Regardless of whether you are the seller or the buyer of a business there are a number of considerations that you should take account of to ensure a successful outcome.
An Independent Children’s Lawyer (“ICL”) is a lawyer appointed in family law proceeding to represent the best interest of a child. When is an ICL
For some time now there has been speculation as to the ever-looming collapse of the building and construction industry in Australia. At the start of
Broadly, a personal guarantee is an obligation taken up by a person giving the guarantee that they will meet the obligations of another person or
Last year, we released a 5-part series alerting that “Trust distributions are under ATO attack – the time to act is NOW”. We had indicated
Family violence affects many Australians and is not limited to behaviour that would constitute as criminal. The Law Council of Australia has recently released a
The case of Mistrina Pty Ltd v Australian Consulting Engineers Pty Ltd [2020] NSWCA 223 highlights that third-party professionals in building disputes can found be liable for
Australia will reopen its international borders on Monday 21 February 2022, after one of the strictest and longest travel bans since the start of COVID-19
The Federal Government has announced that they will ensure that COVID-19 testing expenses are tax deductible for testing taken by individuals to attend a place
Laws about who needs to isolate, vaccination requirements, working from home etcetera are constantly changing. Here’s a snapshot of what NSW employer’s need to know:
The events that led up to Djokovic leaving Australia on the evening of 16 January 2022, only hours before he was due to play in
The surge in Omicron cases has greatly affected Australia’s health system, logistics, agricultural and retail sectors due to staff shortages in the workplace. Until recently,
In April of 2020, the Full Bench of the Fair Work Commission issued a decision varying 99 modern awards by inserting a new Schedule. The
With the emergence of the COVID-19 booster vaccination over recent months, you may be wondering whether the booster can, or in fact should, be mandated in the workplace.
This week, we wrap up our series on section 100A. We provide a recap of our series and consider the section 100A tax risk in
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