“We’ve worked together for years. We didn’t think we needed anything in writing.” It’s a familiar story in the construction and trades industry. A builder engages a subcontractor they’ve used for years. A tradie agrees to take on some additional work. A project runs over schedule, costs increase, or a client decides they’re not happy [...]
AI tools have evolved into useful assistants in the legal profession – when used properly. They can sort and compare documents, summarise a brief, comb through multiple Acts and regulations for relevant sections, and find potentially relevant authorities in seconds. However, in litigation, where accuracy is everything, the courts have made it clear that AI [...]
Last month, we discussed the ways in which a company can respond to a statutory demand. But what happens if the strict 21-day deadline to apply to set it aside is missed? If the deadline passes without action, the company is legally presumed to be insolvent. A creditor is able to rely on that presumption [...]
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 [...]