Litigation Solicitors Take Heed!

2 December, 2009

Litigation practitioners should take heed of the Court of Appeal’s recent comments that the court is a publicly funded resource and there is an obligation upon practitioners to assist the court in utilising its scarce resources in the most efficient manner. The warning can be found in the case of A Team Diamond Headquarters Pty […]

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Festive and Holiday Season Reminder

2 December, 2009

In the rush up to Christmas with all of the extra commitments and pressure at this time of year be diligent and maintain your risk management practices. This is when you most need them. Keep track of dates and deadlines, particularly if the office will be closed over the holiday season. It is at this […]

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Advising companies under threat of insolvency

2 September, 2009

A recent decision of the New South Wales Supreme Court in a test case brought by ASIC brings home the difficulties solicitors face when advising directors of small companies nearing insolvency on how to protect the company assets. Sections 181, 182 and 183 of the Corporations Act 2001 (Cth) (the Act) require directors of corporations to act in good […]

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Thinking about merging?

2 September, 2009

In this current economic climate there has been an increase in the movement of firms either by way of merger or acquisition. Your policy of insurance is a ‘claims made’ policy and claims histories will move with a firm in certain circumstances. Claims made after the merger but in relation to a pre-merger firm may also affect the new entity. Firms considering merging […]

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New Sale of Business Contract

2 September, 2009

The LIV and the REIV will launch their September 2009 version of the Sale of Business Contract in early October. Copies will be available at the Law Institute of Victoria’s bookshop. The new version has an easy to read format with the particulars of sale at the front of the document and a clear definitions and interpretation section and a contents page. There […]

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