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Writing a Will and planning for the distribution of your assets after your death is an essential part of responsible financial management. While it may not be the most pleasant thing to think about, having...
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Protecting intellectual property (IP) is crucial in today’s competitive business landscape. IP includes patents, trademarks, copyrights, and trade secrets that drive innovation and differentiate brands. Failing to safeguard IP can lead to infringement, market share...
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A recent decision by the Full Court of the Federal Court of Australia (FCFCA) in CFMMEU v OS MCAP Pty Ltd [2023] FCAFC 51 has provided much-needed clarity on an employee’s entitlement to be absent from...
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Repeated lockdowns, the cost-of-living crisis, and increasing operational costs has seen many businesses faced with financial distress. Most notably, top Melbourne eatery, Calia was recently placed in voluntary administration with debts of approximately $2 million....
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We each have the freedom to leave our assets to whomever we choose when we pass away. However, there is a moral obligation imposed on us by the law to make adequate provision in our...
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As the world gradually emerges from the COVID-19 pandemic and transitions back to pre-pandemic norms, the question of getting employees back to the office has become a hot topic for many employers and employees alike....
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A Personal Insolvency Agreement (PIA) is a formal arrangement between an insolvent individual and their creditors to settle their debts. It is a legal alternative to bankruptcy and is governed by the provisions of the...
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Extreme financial pressure is a stark reality for many Australian households in today’s economic climate. With the continuing rise of interest rates, off the back of high inflation, financial distress is expected to climb. With...
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Being able to recognise when financial troubles may lead to insolvency is crucial in taking appropriate action to address the situation. But how do you distinguish between financial troubles and imminent insolvency? This article will...
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In the Canadian province of Saskatchewan, a court has declared a “thumbs-up” emoji “👍” over text message was enough for a binding contract. Marianna Parry and Ella Hockley say the case constitutes precedent in a foreign...
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With a rise in debt recovery action amidst increased financial distress for both individuals and businesses in 2023, it is an important time to revisit the various ways in which payment of a judgment debt...
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What is a Deed of Company Arrangement? A Deed of Company Arrangement (DOCA) is a formal framework for a company in voluntary administration to restructure its affairs, repay its debts, and potentially continue operations, offering...