In corporate insolvencies, company creditors often try to establish that they are secured creditors to avoid proving in the liquidation along with the company’s unsecured creditors. In the normal course, this will involve the creditors (ahead…
Solid Trading Terms are Essential
The Personal Property Securities Register (“PPSR”) is an essential tool for trading parties to secure debt and shield off any potential claims from Liquidators under the voidable transaction provisions of the Corporations Act 2001 (Cth), in…
Builders Spared again by the Subcontractors’ Charges Act 1974 & PPSA Compliant Supply Agreements
The collapse of Brisbane based building company, the Cullen Group, a week short of Christmas sent shockwaves around the construction and building industry both in South East Queensland and further afield. The Cullen Group was a…
How a Lawyer can assist you during Bankruptcy
Bankruptcy can be daunting, but it is not the end of the world. Although money is tight if you are considering bankruptcy, a Lawyer well versed in bankruptcy matters can save you time, money and stress.
Directors must exercise caution!
As has been widely reported, both in professional publications and indeed in the general media, in mid-August 2016, the Australian Tax Office and the Australian Securities and Investments Commission conducted raids on a number of business…