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..
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,..
If you have been injured in an accident, you should act promptly as there are strict limitations for making an application before the court. The circumstances of the facts effect..
Total and Permanent Disablement Insurance (TPD) is designed to provide a lump sum benefit to the claimant in the event of a medically diagnosed event that renders them unable to..
The National Redress Scheme (the Scheme) was created in response to recommendations by the Royal Commission into Institutional Responses to Child Sexual Abuse (Royal Commission)...
Introduction Although the legislation relating to Financial Agreements seems clear-cut, Financial Agreements are often overturned or set aside by the Court for a variety of..
Introduction On American television shows and in movies, the term ‘pre-nup’ is often thrown about. You may be interested to know that there is actually no such thing as a..
We often find that directors are unaware of an important section of law: Division 269 to Schedule 1 of Taxation Administration Act 1953 (Cth). This places a positive obligation on..
As already identified in a previous article titled, How to Restructure your Business: Part One, the broad insolvency process in Australia can be broken down into 2 stages:
