In Saraceni v Mentha [No.2] [2012] WASC 336 a director sought to challenge the appointment of receivers to Westgem Investments Pty Ltd ("Westgem") under a fixed and floating charge ("the Charge").  In 2008 Westgem entered into a ...

On 29 June 2012 the Tax Laws Amendment (2012 Measures No. 2) Act 2012 received royal assent. The legislation has been introduced to expand the director penalty regime; making directors now personally liable for their company’s u...

The proposed changes to the current Director Penalty Notice ("DPN") rules were postponed following the sudden withdrawal of the Bill from Parliament.  This means that directors will continue to enjoy the 21 day notice period f...