What happens when ASIC deregisters a company?
December 6, 2023A company may be deregistered either voluntarily, liquidated or struck off the register of companies by the Australian Securities Investments Commission (ASIC). ASIC may deregister a company if the company has ceased trading or has overdue fees and penalties. If...
[Read More...]How binding is a Binding Financial Agreement?
A financial agreement is a contract that deals with the division of a couple's assets after they separate, or in the event that they separate. They may be made before or during a marriage or de-facto relationship, or after it...
[Read More...]Why you should have a corporate trustee for your – Self-Managed Superannuation Fund
August 21, 2023A Self-Managed Superannuation Fund (SMSF) is a type of superannuation structure that allows members to control and manage their own funds. Unlike other superannuation funds, members have autonomy over the choice of investments they can make, subject to the relevant...
[Read More...]What is an encroachment?
An encroachment occurs when part of a building or fixture from one property intrudes onto adjoining land. The encroachment may simply overhang or be physically attached to the adjoining property. Examples include overhanging tree branches or awnings from a neighbour’s...
[Read More...]Income protection and TPD disputes – how the AFCA and your lawyer can help
If you are dealing with a major illness or injury and have had to stop working on a temporary or permanent basis, you may need to claim on your income protection or total and permanent disability (TPD) insurance. If dealing...
[Read More...]Business Structures: Partnerships – the pros and cons
January 12, 2023When commencing a business venture, it is necessary to consider the most appropriate type of business structure to put in place. In Australia, there are 4 common business structures – sole trader, partnership, trust and company. Different business structures have...
[Read More...]What happens when parenting orders are ignored?
Separating parents must arrange for the future care, welfare and development of their children. These arrangements may be formalised in parenting orders which are endorsed by the Court. Where the parties are unable to agree, the Court will impose orders....
[Read More...]Understanding easements in your property contract
August 19, 2022Identifying and understanding easements in a property transaction is an important part of the conveyancing process. Vendors are required to disclose all easements affecting the land they propose to sell in a property contract, and buyers should ensure they are...
[Read More...]Why your company needs a Shareholder Agreement
August 1, 2022Starting a business requires careful planning and consideration. A failure to allow for unforeseen events or for ways to resolve future disagreements could put your new venture at considerable risk. The repercussions of failing to plan are clearly illustrated in...
[Read More...]Protecting business interests in family law proceedings
Family law issues can be disruptive to a business entity, with the potential to adversely affect its activities, cashflow, and financial viability. Problems can stem from a relationship breakdown between domestic co-owners, or the divorce or separation of a third-party...
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