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Insolvent trading: How does a director become liable for insolvent trading?

Insolvent trading is when directors allow their company to incur debts when the company was insolvent. The liquidator can make a compensation claim against a director if those debts are unpaid when the liquidation commences. A director may be he...


What you need to know about legal structure for Small Business

This video looks at the different types of legal structures you can have for a small business. It compares the different types of entities and how they compare on Income Tax, Capital Gains Tax, Company Tax, Flexibility, Asset Protection, Setup and Ru...


Trademarks

You come up with awesome ideas, so it’s important to protect them. Trademarking your business name, product name, tagline or logo is important as they are some of your most valuable business assets. The process takes around 7 months, so the sooner...


Early Possession when purchasing a property

If the seller agrees to let you into possession of the property before settlement, the contract provides that:(1) you must maintain the property in substantially its condition at the date of possession except for fair wear and tear (which obliges you...


How does a Virtual Firm work?

In this day and age, the words “virtual law firm” are thrown around loosely, but often is used to refer to standard law firms who are communicating with the client online via email or a portal online, but they still run a bricks and mortar practice....


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