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James Frank

James is our resident deal enthusiast, small business champion, and all-round ideas guy. With a background in corporate law and advisory, he’s passionate about helping businesses unlock their full potential.

5 Myths About Voluntary Administration

Whenever we speak to clients about why their business is struggling and explore restructuring options we continually hear common myths about the Voluntary Administration (VA)..

The 4 Step Process of Voluntary Administration

Voluntary Administration is a formal restructuring process contained within Part 5.3A of the Corporations Act. It has more recently become a strategic tool used by directors to..

Why the Safe Harbour Regime is More Useful Now Than Ever

On 19 September 2017 the safe harbour laws commenced which enabled directors to turn around struggling companies without exposing themselves to personal liability under..

What To Do if the Loan is Not Perfected

The Personal Property Securities Register is a great tool for parties who lend money, supply goods on account or enter into asset leases. However, one common problem is the..

A Report into the Diversity of Australian CEO's

Consultant Conrad Liveris released a report, based on the annual reports and websites of ASX200 companies, identifying commonalities and norms in the educational and professional..

Time to Secure Your Director's Loans

The Sydney property market has seen enormous growth. The median price has risen by some 412% in the past 25 years. Pegged to this has been the growth in certain industries such as..

Directors Duties: Duties and Breaches

Currently there are 2,672,325 companies registered in Australia, therefore meaning that there at least 2,672,325 company directors in Australia. Fundamentally, the role of a..

Impacts of a Statutory Demand

In our previous article, “What is a Statutory Demand?” we outlined what a statutory demand is and the high-level impact of not complying with it according to the Corporations Act..

What is a Statutory Demand?

Section 459E of the Corporations Act 2001 (Cth) explains that a creditor may serve a debtor with a statutory demand. A statutory demand is an instrument which sets out the demand..

A solvent company: An Examination of the Statutory Definition

Section 95A(1) of the Corporations Act 2001 (Cth) defines a ‘person’ (which includes a company) as being “solvent if and only if, the person is able to pay all the person's debts,..