A company constitution is a contract between the company and the members, directors and company secretary which governs how a company operates. It will generally cover the following:
A shareholders agreement is a binding contract between the shareholders of a company which outlines their key rights and obligations. While it is not a requirement, it is a good idea to set one up at the beginning of a new business venture wherever there are two or more shareholders. Having a shareholders agreement will allow for the smooth function of your business by preventing disputes.
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”).