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Category Archives: Business Law
Don’t ignore your Company’s financial position
Ensuring that your company maintains proper financial records and that you inform yourself as to the company’s financial position is vital. Recently, the Commissioner of Taxation sought a statutory indemnity from directors of a Company under the Corporations Act 2001 … Continue reading
Posted in Business Law
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New Residential Tenancy Laws – How Will They Affect you?
The Residential Tenancy Act 2010 (NSW) ( the ‘Act’) came into effect on 31 January 2011. While the Act aims to improve tenancy laws in NSW, there are still some uncertainties the Act does not clarify. In effect, there are … Continue reading
Posted in Business Law, conveyancing
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Are You a Subcontractor Owed Money?
On 28 February 2011 amending legislation for the Building and Construction Industry Security of Payment Act (NSW) (‘the Act’) was made which assists sub-Contractors secure payment of progress payments under Contracts for construction work. Before the amendments, if you … Continue reading
Posted in Business Law
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Can your Company be deemed insolvent?
Imagine you have just arrived at work, you are the Director of a Company, you open the mail and find that you have been served with a “Creditor’s Statutory Demand” demanding payment of money within twenty one (21) days. … Continue reading
Posted in Business Law
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Estate Planning – 10 Deadly Sins
In the last article, we focused on the general “family” element of estate planning. For the next few weeks, we will outline ten things most commonly associated with poor estate planning. Planning well for the future requires the planner … Continue reading