by y0m3d1a | 16 Feb 2020 | General
If you suspect your fellow board members aren’t doing the right thing by the company, it’s often difficult to call the shots. Sometimes, however, it’s a matter of holding the line when you’ve met your match. What are your legal responsibilities as a company director?...
by y0m3d1a | 2 Dec 2019 | General
When it comes to maintaining books and records, company directors have significant responsibilities, especially if there are issues about a company’s solvency. A recent case highlighted how important it is for directors to keep proper records. Insolvency case in...
by y0m3d1a | 1 Dec 2019 | General
As a general rule, the more complex a potential business deal, the more clarity is needed when negotiating terms. That’s why terms sheets and heads of agreements are handy tools to get you into the home stretch of contract negotiations. What are terms sheets and...
by y0m3d1a | 25 Jul 2019 | General
Technology entrepreneurs are typically driven by a vision. They have a big idea, an appetite for hard work, and no time to waste. Accordingly, many ambitious startup founders view questions about the legal framework of their enterprise as expensive and time-consuming...
by Merle Willis | 27 May 2019 | General
Australia’s insolvency laws have long discouraged responsible restructuring by company directors. When balancing the potentially significant personal liability in breaching the director’s duty to prevent insolvent trading against the company’s risks in trading its way...
by Merle Willis | 27 May 2019 | General
In making 76 separate recommendations in its final report, the Banking Royal Commission took aim at many players in the Australian financial system. Justice Hayne reserved stinging criticism for the Australian Securities and Investments Commission (ASIC) over its...
