News & Blog

Upon bankruptcy, section 60(2) of the Bankruptcy Act 1966 (Cth) (Act) operates to protect those whom the bankrupt was suing, by staying the proceedings until such time as the trustee in bankruptcy elects whether to continue ...

Often in the early stages of establishing a company resources are pooled and liabilities are met equally. As a result, directors agree to divide the company in half with each getting 50% of the shares with a view to working together amicably for the ...

The Australian Securities and Investments Commission (ASIC) has recently invoked its statutory powers under section 206F of the Corporations Act 2001 (Cth) (the Act) to disqualify a Queensland director from ...

Family owned and operated businesses are some of the most iconic and important businesses in the Australian economy. Some of these businesses operate in an informal manner with decisions often made by the family patriarch/matriarch, despite other fam...

On 1 November 2019, Fitbit Inc (Fitbit) announced it had entered into an agreement for it to be acquired by Google LLC (Google) for US$2.1 billion.   The Australian Competition and Consumer Commission (

Employers take note: amendments to be incorporated into the Miscellaneous Award 2010 (Miscellaneous Award) on 1 July 2020 will extend the coverage of the award to more employees.   Who does the Miscellaneou...

When a person is declared a bankrupt, certain liberties are taken away from that person. One restriction includes a prohibition against travelling overseas unless the approval has been given by the bankrupt's trustee in bankruptcy. This issue was rec...

In the recent decision of In the matter of Parkway One Pty Limited (in liquidation) [2019] NSWSC 1495 (Parkway), Rees J dismissed an application to terminate the winding up of Parkway One Pty Ltd (in liquidation) (the Compan...