In a recent ruling that should galvanise franchisors across Australia to pursue greater oversight of their franchisees’ payroll practices and to intervene more actively as necessary, the Federal Court has dismissed an appeal by a major franchise network against a finding of liability for underpayments by one of its outlets by the Fair Work Ombudsman [...]
Rankin Business Lawyers is delighted to announce its recertification as a B Corp company, scoring its best result yet on B Corp’s measures of social and environmental impact. B Corp certification assesses a company's social and environmental performance, accountability, and transparency, and to become certified, organisations must achieve a minimum of 80 points on the [...]
Recently, we celebrated National Family Business Day; with so many of our clients, partners and friends at Rankin Business Lawyers running family businesses, we wanted to give these guys a special shout out. You can feel it when it’s a family business: it’s in the way they greet you by name, the pride they take [...]
BackgroundPresent entitlements are rights that a beneficiary of a trust has to share in the trust’s income. The two defining features of a present entitlement over trust income are that the beneficiary:• has an indefeasible and vested interest in the relevant trust income; and• has an equitable right to demand payment of the relevant trust [...]