You are not a bank but you decide to lend someone money….. There are a lot of families I see where they have lent a considerable amount of money to their adult working children with the expectation that it will be paid back, but there is nothing actual concrete to ensure it happens. The accountability …
Associations Company Joint Venture Partnership Personal Securities Property
27 May 2015
Should I start a company?
Why incorporate? Main advantages: Incorporation protects board members from most instances of personal liability by creating a separate legal entity. The company instead of the individual can enter contracts, hold assets and can sue or be sued. Basic principles of the entity and its operations are outlined and enforced. A variety of regulations and guidelines …
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Company Contract Law
18 September 2014
Debt recovery for businesses: Part 2 enforcing your judgement debt
Part 2 of Debt Recovery Series Checking What Assets and Income the Debtor has before you enforce your judgement SUMMONS FOR ORAL EXAMINATION (SOE) The SOE is best utilized if you have no information about the debtor’s financial position. If you obtained a judgement debt, on your request and for a small fee, the Court’s …
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Business Law Company Contact Debt Recovery Finance Joint Venture Partnership
6 August 2014
Debt recovery for businesses: Part 1 which court and when?
Part 1 of Debt Recovery Series by Maria Rigoli and Damian Ballan CHASING MONEY: THE LETTER OF DEMAND (LOD) A LOD is sent to a person or organisation who owes you money (the debtor) following your supply to them of goods and services. The LOD advises the debtor of the amount outstanding and threatens court …
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Business Law Company Contract Law Personal Securities Property Refinancing
5 May 2014
How can you check ownership of goods for business sale?
The New Personal Properties Securities Act 2009 (PPSA) explained How can you check ownership of goods for business sale? What is PPSA? The PPSA is legislation which changes the way security interests in personal property are dealt with across Australia. The PPSA rewrites the law on traditional securities such as mortgages and charges and will …
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Associations Business Law Company Discretionary Trusts Family Trusts Joint Venture Partnership Self-Managed Super Funds Tax Unincorporated Associations Unit Trusts
30 April 2014
Starting or buying a new business – which structure?
Starting or Buying a New Business- Which Structure? WHAT IS THE BEST LEGAL STRUCTURE FOR A START UP BUSINESS? The importance of getting your structure right when buying or starting up a small business cannot be underestimated. For example, there are capital gains tax concessions which are available to all different structures, subject to qualifying …
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