Sale of management rights: a guide for body corporates

We hope this guide helps you better understand your rights and responsibilities. As we mentioned at the start, this is an overview of the sale process and not to be relied on in the place of legal advice. Transferring management rights can be complex. Thankfully, we have a team of experienced lawyers ready to lend you a hand.

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Changes to small business insolvency rules

As part of its ongoing reforms to assist businesses hit by the COVID-19 Pandemic, the Federal Government has announced plans to change insolvency law by giving small business-owners more control over their ailing businesses. While the Government’s bill containing the proposed changes is yet to be released, Treasurer Josh Frydenberg outlined the proposed changes in…

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New Anti-Phoenixing Laws

The Federal Government has recently passed new legislation further strengthening its ability to combat illegal phoenix activity and those who engage in it. Illegal phoenix activity has been described by the Australian Securities & Investments Commission as being where a new company is created to continue the business of an existing company that has been…

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COMPULSORY ACQUISITION OF LAND

COMPENSATION CLAIMS When land is compulsorily acquired, you are entitled to claim compensation if you have an ‘interest’ in the land.[1]   An interest in relation to land means a legal or equitable estate in the land, a right, power or privilege over the land.[2]  An interest in the land is extinguished and is converted into…

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