In today’s competitive market, offering credit terms to your business customers is no longer just a perk, it’s a powerful tool for growth. Flexible credit terms can attract new clients, build long-term loyalty, and help you stand out from the competition. However, extending credit also comes with inherent risks. Unpaid invoices, late payments, and defaulting...Read More
A shareholders agreement represents a fundamental legal document that governs relationships between company shareholders while complementing the Corporations Act framework. Understanding agreement provisions, duties of directors, and share transfer procedures ensures proper corporate governance and protects stakeholder interests in Australian companies. This comprehensive guide covers shareholders agreement essentials, transfer procedures, and compliance requirements under the...Read More
Managing Insolvency and Legal Disputes Understanding corporate litigation, liquidation, and insolvency procedures is crucial for business directors and stakeholders facing financial difficulties or legal disputes. This comprehensive guide covers litigation management, insolvency options, liquidation processes, and statutory requirements that affect Australian companies. Whether your company faces litigation threats, insolvency concerns, or requires guidance on liquidation...Read More
Critical Legal Obligations Under Australian Corporations Law Directors duties are fundamental legal obligations that protect companies and stakeholders in Australia’s corporate framework. In Australia, a company is recognised as a separate legal entity who can sue and be sued in its own name. Generally, this corporate structure protects directors from personal liability for the company’s...Read More
Liquidation, also known as “winding up”, occurs when a company becomes insolvent, meaning it cannot pay its debts when they fall due. The liquidation process involves appointing a registered liquidator to take control of the company, sell its assets, and distribute the proceeds to creditors. Whether you’re a company director, creditor, or stakeholder, understanding how...Read More
What is Mediation? Mediation is a process in which a neutral and independent third party, known as a mediator, assists disputing parties in reaching a mutually acceptable agreement. A mediator may be appointed either privately or by the court. This process serves as an alternative to traditional court proceedings, offering a less adversarial and more...Read More
Essential Updates for Consumer Protection & Fair Trading The Australian Consumer Law (ACL) stands as a vital national framework, ensuring consistent consumer protection and promoting fair trading across all states and territories. It is essential to understand the implications of both misleading conduct and unconscionable conduct. Administered by the Australian Competition and Consumer Commission (ACCC)...Read More