29
Dec 2020
PPSA claims another victim – a $23 million asset is lost to the insolvent Onesteel Group
All businesses should learn about asset tracking and 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
29
May 2020
Three things you need to know about cybersecurity and some recent regulatory changes in Australia
Three things you need to know about cybersecurity and some recent regulatory changes in Australia Services: Corporate & Commercial What you need to know The tide of regulation is sweeping across cybersecurity, which is one of the biggest risk issues faced by businesses today. Australian organisations have one year to get ready before mandatory data breach reporting comes into effect, so now is the time to ensure that processes and
Informal workplace complaints are unfortunately something that managers have to handle on a regular basis: whether it’s an employee letting off steam and having a whinge about their colleagues or something more serious such as an employee requesting an anti-fatigue mat to stand on from someplace like this great Matting for Sale. Given the very nature of informal workplace complaints (the fact that they are usually verbal, aren’t made in
When cash flow gets tight, corporate compliance is often the first casualty. Some directors also think that if a tax debt can’t be paid, that it’s best not to lodge any tax returns and is even better to get some tax preparation consulting. However, according to a bankruptcy attorney the best way to get out of debt would be to get the proper help from a debt relief lawyer. Here
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.
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