Not getting along with your business partner and don’t feel like you have any options? Often people are company directors, shareholders, and employees in the one business and the interplay of rights and obligations associated with these roles can be quite complicated. We have recently resolved a number of disputes and negotiated partnership agreements for clients [...]
In efforts to tackle employer non-payment of the superannuation guarantee (SG), a new government working group has been established including representatives from the Australian Tax Office, Treasury, the Department of Employment,, the Department of Employment, ASIC and the Australian Prudential Regulation Authority. This working group is expected to release a final report in March which [...]
Personal guarantees have become a common part of many commercial transactions, often being provided by company directors and their spouses or relatives. However, in our experience, the extent of such guarantees are often misunderstood and can create unexpected consequences when businesses experience financial difficulty. In extreme circumstances, they can be the cause of relationship breakdowns [...]
