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Debatable but not defeated, the presumption of advancement in the High Court Decision of Bosanac v Commissioner of Taxation & Anor [2022] HCA 34

A common asset protection strategy used by those who engage in high-risk business or provide professional services is to put the matrimonial home in their spouse's name to protect it from the claims of creditors in context of bankruptcy. This practic...

Published by Terry McCabe
25 October, 2022
Insolvency

“No deposit, no interest”: ASIC commences proceedings against Harvey Norman and Latitude for misleading advertising

Last week, the Australian Securities and Investments Commission (ASIC) launched civil proceedings in the Federal Court of Australia against retail giant Harvey Norman Holdings Ltd (Harvey Norman) and its credit-card ...

Published by Foez Dewan
12 October, 2022
Litigation and Dispute Resolution

Hiding in plain sight – Supreme Court finds ‘de facto director’ in breach of statutory duties

The recent case of In the matter of ACN 152 546 453 Pty Ltd (in liq) [2022] NSWSC 974 demonstrates the circumstances in which a person may be regarded as a 'de facto director' and therefore face personal liability for breaching duties owed a...

Published by Andrew Lacey
26 September, 2022
Employment

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Here are our key tips and tricks for the festive season that all marketing teams, business development managers and office social committees should have front of mind when organising festive season functions.

Published by Tim McDonald
20 September, 2022
Litigation and Dispute Resolution

Can a company be considered insolvent based upon inability to repay a future debt?

In the case of Anchorage Capital Master Offshore Ltd v Sparkes (No 3); Bank of Communications Co Ltd v Sparkes (No 2) [2021] NSWSC 1025, the Plaintiffs sought to argue that a large publicly listed company and t...

Published by Andrew Lacey
19 September, 2022
Insurance

It is not part of a medical assessor’s function to determine the scope of a motor accident

A claimant suffers psychological injury when he is threatened by a would be thief of his motor bike. Whether the medical assessor was justified in concluding that this was not a motor accident was answered by the Supreme Court in Bell v Allianz Insur...

Published by McCabes News
8 September, 2022
Litigation and Dispute Resolution

Supreme Court sets aside a statutory demand based on a “very poorly drafted deed”

In the recent case of In the matter of Jana Pty Ltd [2022] NSWSC 112, the Supreme Court of New South Wales set aside a statutory demand issued for a debt arising out of a deed drafted with ambiguous and conflicting clauses. Backgrou...

Published by Andrew Lacey
1 September, 2022
Litigation and Dispute Resolution

High Court to determine effect of Public Health Order on contract for sale of hotel

In June 2021, we published an article on the decision at first instance of Darke J in Dyco Hotels Pty Ltd v Laundy Hotels (Quarry) Pty Ltd [2021] NSWSC 504. A link to the article appears

Published by Chiara Rawlins
31 August, 2022
Litigation and Dispute Resolution

Generosity is long gone as the ATO resumes issuing Director Penalty Notices

The Australian Tax Office (ATO) has resumed its collection of overdue tax payments, including serving directors of companies with a Director Penalty Notice (DPN). With the COVID-19 pandemic subsiding, laws governing the DPN regime have been strengthe...

Published by Chiara Rawlins
25 August, 2022
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