11
Aug 2018
Paying dividends and the solvency test
In this article we take a look at the consequences of decisions made around private companies paying dividends and the solvency test.
Are you the director of a Small to Medium Business? It can be tough knowing what to do from the top. With some business it seems like everyone is doing their job and you’re hardly needed, with others it feels like the logistics of everything depend on you, right down to the water coolers or even keeping the lights on. Thankfully for most of these you will be able to
08
Mar 2017
PPSA claims another victim – a $23 million asset is lost to the insolvent Onesteel Group
All businesses should be aware of the importance of properly recording security interests on the Personal Property Securities Register (PPS Register). The courts have once again reminded us of the importance of strict compliance with the legislation when registering security interests, and the potential to lose property to third parties when registrations are inadequate in the event of external administration. In the matter of OneSteel Manufacturing Pty Limited (administrators appointed)
13
Jul 2015
The dangers of directors guarantees
If you are a director of a company, it is almost inevitable that at some stage you will be asked or required to agree to a director’s (also called a personal) guarantee. You can Get More Information regarding this through a lawyer.
06
Jul 2015
Beware of verbal contracts
People often wonder whether verbal contracts hold much, if any, weight. If you’re such a person, then you may be interested in a recent decision in the NSW Supreme Court.
19
Jan 2015
Avoid Common Small Business Legal Missteps
You work hard to make your small business distinct from other similar operations—especially those in the same industry and/or serving the same type of clientele—after all, differentiation is how you make your business stand out. But when it comes to small business legal blunders, you probably have more in common with your cohorts than you think. If you are planning to run a manual labor business make sure you have
19
Jan 2015
Avoid Common Small Business Legal Missteps
You work hard to make your small business distinct from other similar operations—especially those in the same industry and/or serving the same type of clientele—after all, differentiation is how you make your business stand out. But when it comes to small business legal blunders, you probably have more in common with your cohorts than you think. If you are planning to run a manual labor business make sure you have
19
Jan 2015
Avoid Common Small Business Legal Missteps
You work hard to make your small business distinct from other similar operations—especially those in the same industry and/or serving the same type of clientele—after all, differentiation is how you make your business stand out. But when it comes to small business legal blunders, you probably have more in common with your cohorts than you think. If you are planning to run a manual labor business make sure you have
12
Dec 2014
Is the PPSR relevant to me?
What is the PPSR? The Personal Properties Security Register (PPSR) is the single, national online database of security interests in personal property in Australia. Think of it as a register of security interests in property – for example a bank might register interest over a car to ensure that a loan is paid. You can register security interest in property if someone owes you money You can check if there
12
Dec 2014
Is the PPSR relevant to me?
What is the PPSR? The Personal Properties Security Register (PPSR) is the single, national online database of security interests in personal property in Australia. Think of it as a register of security interests in property – for example a bank might register interest over a car to ensure that a loan is paid. You can register security interest in property if someone owes you money You can check if there