The Lighthouse Project is an initiative taken by the Family Court of Australia and the Federal Circuit Court which aims to improve outcomes for families involved in the family law system. The Lighthouse Project is currently being piloted in the Federal Circuit Court registries in Adelaide, Brisbane and Parramatta.
It is increasingly common for people and companies to enter into agreements that cross borders. If you or your business are in this situation, you might be interested in understanding how an overseas judgment made in your favour may be enforced in Australia.
It is easy for Australian companies to enter into agreements with overseas entities, however, if things go awry and the parties end up in dispute then things can get complicated. It can be helpful to understand how to enforce a foreign judgment if your business operations cross international borders. One way this can be achieved is by registering and enforcing a judgment under the Foreign Judgments Act 1991 (Cth) (“FJA”).
An important decision when starting a business is deciding on a business structure. There are several different business structures you can choose, and each will impact key areas such as the tax you pay, asset protection and the cost of set up. The four most common business structures in Australia are sole traders, companies, partnerships and trusts.