New Reforms Passed to Prevent Illegal Phoenixing
The Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2020 was passed by Parliament in February 2020. This legislation introduces new offences and grants additional powers to ASIC and liquidators to help combat illegal phoenixing. The Australian Securities...
The New Insolvency Reforms Part 2: A Q&A with Insolvency Expert Bradd Morelli
Australia’s largest corporate insolvency reform in 30 years came into effect in January 2021. These reforms aim to replace a rigid insolvency model with a more flexible regime for small businesses that will reduce complexity, time and costs. In our previous article,...
The New Insolvency Reforms Part 1: A Q&A with Insolvency Expert Bradd Morelli
Australia’s largest corporate insolvency reform in 30 years came into effect in January 2021. These reforms aim to replace a rigid insolvency model with a more flexible regime for small businesses that will reduce complexity, time and costs. These reforms are designed...
Who doesn’t love a good movie plot!
With COVID-19 restrictions easing and summer holidays upon us, we can expect to see some long-awaited movie premiers. From the Wonder Woman sequel, to James Bond ‘No Time to Die’ DreamWorks’ through to The Croods, the blockbuster movies are back. There’s no doubt that...
Battle of Wills
Whilst most Australians are aware that they should have a Will, and update it with any significant life events, such as new children, many are unaware that a marriage revokes any Will made by either spouse prior to entering the marraige. For your first-time married...
Ten ways to keep your business growing!
Here we are at October 2020. So far this year you have made it through the summer bushfires, end of financial year, transformation of the workplace due to COVID-19 and are most likely still experiencing the ongoing impacts of the pandemic. Given we are only a couple...
Without Burden, Hindrance or Restriction
The travel restrictions imposed by some of the states and territories of Australia as a consequence of the COVID-19 crisis have provided an insight into life prior to the signing of the Australian Constitution, and with it the establishment of the Commonwealth of...
Trade Mark V’s Trade Mark
Unique intellectual property and brand trade marks can be the most valuable business assets of a business, as they have the ability to differentiate and promote the reputation of the goods and services to which they are associated. A registered trade mark delivers...
When The Government Gets It Wrong
Even while we continue to grapple with COVID-19, the normal business of government, commerce and the law goes on. On 2 June this year, Federal Court Judge Stephen Rares handed down his decision in Brett Cattle v Minister for Agriculture. Background On 30 May 2011...
Don’t forget the value of your intangible assets before 30 June 2020
With COVID-19 dominating our lives, most of us have been consumed with adapting our lifestyles to the ‘new normal’ mode of operation. Whether you’re still working remotely or just getting kids back to school, it’s been a testing time for all. This unique period of...
Commercial Leasing During COVID-19: What Does It Mean For You?
One of the toughest issues for businesses trying to survive the economic fallout of the COVID-19 pandemic has been that of the premises lease. For most businesses it is the largest fixed cost. For landlords, of course, it IS the business. Tenants have looked to...
What You Need To Know About The PPSR
Over the past few years, we have written on several occasions in this newsletter about the Personal Property Securities Act 2009 (PPSA), which commenced more than 8 years ago on 30 January 2012. In one of these pieces we asserted that the PPSA “brought about the most...
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