by Mediaminepace | May 23, 2019 | Business Law
What is derivative action? Derivative action is generally an action brought by the company against a director for a breach of duty, but where a company cannot or does not bring that action, the court allows the members to bring the action on behalf of the company....
by Mediaminepace | Apr 29, 2019 | Business Law
On 26 February 2019 the ACCC released its Compliance and Enforcement Policy and Priorities for 2019. The policy outlines what the ACCC aims to focus on this year. It ranges from Cartel Conduct to Customer Loyalty Schemes, encompassing a wide range of issues that can...
by Mediaminepace | Nov 1, 2018 | Adelaide Lawyers, Business Law
What Is Disparagement? Simply put, in this context – disparagement means publicly saying or writing (for example, on Facebook) negative comments which are criticising a business, it’s property or products and services. The Legal Definition of disparagement is:...
by Mediaminepace | Nov 1, 2018 | Business Law
The director’s duty to consider the company’s creditors Another thing for directors to worry about: is there a duty to creditors? Even when their company is doing well, directors have a lot on their plate. But things can quickly snowball when insolvency takes hold....
by Mediaminepace | Jul 30, 2018 | Business Law
It is important with any agreement that the terms and conditions are adhered to, so as to prevent a breach, or even a fundamental breach giving the other party an option to terminate. In some circumstances, however, if a term in an agreement becomes contradictory to...
by Mediaminepace | Jun 28, 2018 | Business Law
Earlier this year, GST laws were amended to require specified purchasers to withhold GST amounts from the sales price and remit that amount to the ATO. We have compiled a list of the most important facts relevant to this change in the law. Q: From when will this law...
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