A statutory demand is a serious legal notice. It is not a routine request for payment, and should not be ignored or procrastinated over. Companies failing to respond to a statutory demand within a fixed prescribed timeframe may face winding-up proceedings. A statutory demand is a formal demand for payment issued under section 459E of [...]
If you’ve ever been involved in a legal dispute, you’ve probably seen the words “without prejudice” stamped across a document, letter or email. But what does it actually mean? In simple terms, “without prejudice” protects settlement discussions from being used against you in court. It creates a safe space for negotiation, so you can make [...]
Why This Issue Hits Home for Every Entrepreneur Running a business—whether you’re a solo operator or leading a small-to-medium team—means making thousands of decisions and managing endless moving parts. Yet one area many entrepreneurs overlook is also one of the simplest to fix: having clear, written Terms and Conditions (T&Cs). Maybe you’ve been there: a [...]
Wherever business is conducted, commercial disputes are inevitable. With many businesses operating globally, arbitration can occur in offshore jurisdictions – and this can be enforced in Australia. Last month’s blog examined the benefits of arbitration as an alternative dispute resolution tool, and the advantages it offers over more traditional mechanisms such as conciliation and mediation; [...]