Bankruptcy and Insolvency

Equity law is a branch of the Australian legal system that deals with issues between individuals or entities within Australia which may not otherwise be rectified through common law. This area of law includes aspects of contract and property law, as well as trusts and fiduciaries.

It is important to be thoughtful when making decisions about your financial future, especially if you have assets. Writing a will is one of the most important things you can do to ensure that your wishes are carried out after you pass away.

When someone passes away, their affairs must be handled in an orderly fashion. This can include any assets they may have left behind, such as investments, real estate, and business interests.

In Australia, the law provides certain people with the right to make a claim against an estate when they feel they have not been adequately provided for. This type of claim is known as a “family provision claim”.

An enduring guardian is a person appointed by another adult to make lifestyle and medical decisions when they become unable to do so due to illness or incapacity. An enduring guardian has authority in matters such as where a person lives, what medical treatments they receive, and other health-related decisions.

Businesses must understand the separate legal entity principle and how it affects their operations.
This concept states that a business is considered to be a separate legal entity from its owners, directors, and shareholders and thus can be held liable for its own debts and liabilities.

Imagine, if you will, that you and your friend have just stumbled across a great business idea. It’s the type of idea that you are both keen to take off your couch and into the boardroom. But here’s something that you need to do first.

Bankruptcy is a concept that can feel overwhelming and intimidating, but it is important to remember that bankruptcy can be a helpful option for those who are struggling to pay their debts.

Are you ready to go guarantor so your child can take out a mortgage to buy their first home? Before you sign on the dotted line, have you taken into account your obligations as a guarantor, and how your guarantee might not be enforceable?

When signing a contract, it is important to understand the implications of personally guaranteeing that agreement. Personal guarantees are a common feature in contracts, however, they can also be extremely risky for individuals if the agreement is not fulfilled.

Have you ever heard of a security for costs application? This legal request is an important part of civil litigation that allows one party to ensure that the other party pays their share of the legal costs. Read on to learn more about what a security for costs application is and how it can be beneficial in certain situations.

A director’s penalty notice (DPN) is a document issued by the Australian Taxation Office (ATO) when there's an unpaid superannuation guarantee charge. DPNs are used to penalize directors of companies for their failure to pay super for their employees.

When signing a document, there are certain requirements that must be met to ensure the validity of the agreement. One such requirement is signing in counterpart.

A deed and a contract are two of the most important legal documents used in business transactions. Though they are often confused with one another, there are some key differences between them that must be understood.

Are you thinking about buying an investment property through your self-managed superannuation fund with a mortgage?

There is one thing you need to know.

You enter into a contract with a builder to construct your dream home, and he takes a deposit. All is well until the project comes to a screeching halt. You try to call the builder every day for two months to find out why, but he doesn’t answer.

Imagine that your company has a contract with a cleaning company to clean its premises daily. When the cleaner gets sloppy and does not comply with its obligations, you retain a lawyer to see whether you can terminate the contract.