The effect of section 560 of the Corporations Act 2001 (Cth); obtaining priority as a creditor

When can a person (possibly a director or shareholder) of a company in liquidation obtain priority status as a creditor for loans to the company? Section 560 of the Corporations Act 2001 (Cth) (the "Act") provides that a person who advances funds to a debtor company, for the purpose of enabling that company to pay wages,...

Read more

Date posted: 2016-03-15 | Comments(0)


Seminar at the Grace Hotel 2 November 2015

On 2 November 2015, our Managing Director and Geoffrey McDonald Barrister presented a seminar at the Grace Hotel to which much positive feedback was received. The topics discussed included: Business law - Purchase and Sale of Business The legal pitfalls of purchasing a business The...

Read more

Date posted: 2015-11-23 | Comments(0)


Freedom of Tweet

Rights of Employees and Employers regarding Social Media Use The line between our private and public life has blurred once again. Recent decisions of the Fair Work Commission and the Federal Circuit Court of Australia have re-enforced the idea that there is not an 'unfettered freedom of political expression in Australian law' regard...

Read more

Date posted: 2015-09-07 | Comments(0)


Repayment Arrangements - Smith vs Bone

When payment arrangements with the Australian Taxation Office will not "defer" corporate debt and restore a company to solvency - Smith v Boné [2015] FCA 319 In this recent "insolvent trading" case the director of Petrolink Pty Ltd ("Petrolink") defended the Liquidator's claim by pointing to the GFC and the payment arrangements he had neg...

Read more

Date posted: 2015-09-07 | Comments(0)


Checklist for Purchase of a Business

Click to download your business purchase checklist...

Read more

Date posted: 2015-09-03 | Comments(0)


[First] [Prev] 1 | 2 | 3 | 4 | 5 | 6 | 7 [Next] [Last]