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Solvent or Insolvent? Principles applied by the Courts to determine solvency of a Company
When is an Australian company considered to be insolvent? The answer to that question can have significant ramifications for affected business owners, directors, regulators, employees and creditors, whose interests in the outcome of that determination may directly conflict. Section 95A of the Corporations Act 2001 (“the Act”) sets out the test of insolvency in this…
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- Uncategorized
How to Respond to a Statutory Demand
Whether you are looking to recover a debt, or have been served with a creditor
Read articleExcessive credit card surcharge ban now applies to all businesses
From September 1, all Australian businesses will be banned from slugging customers with excessive surcharges for using EFTPOS and credit cards to pay for purchases. The Australian Competition and Consumer Commission (ACCC) said the ban, which has been in effect for large businesses since last September, will extend to all businesses that are either based in…
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- commercial law
Need a Confidentiality Agreement in Brisbane?
Do you require a Non-Disclosure Agreement (NDA) or Confidentiality Agreement in Brisbane for one of your business commercial dealings? Are you trying to protect the secrecy of your business’ valuable intellectual property (IP)? Boss Lawyers is a leading law firm with specialist lawyers to help Australian business owners obtain timely and concise legal work. Businesses…
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- commercial law