Directors can become personally liable for the debts of the company if the directors allow the company to trade whilst insolvent. We have talked about this risk to company directors in an earlier Blog post. Given this risk, what steps can be taken by a company director to not be in breach of company director …
Company Directors & Insolvent Trading – ASIC Regulatory Guide Read More »
When the Titanic hit that iceberg, there were no night-vision goggles, no sonar detection, no radar. Just sailors with binoculars on the lookout. That gave them about ten minutes warning of disaster. These days they would have known hours ahead. So how quickly does a company director need to act when the tip of the …
Directors Personal Liability for the Company’s Insolvent Trading? Read More »
Not identifying or ignoring compliance or regulation issues your business faces can cost you time and not just money. To understand why a government department has made an adverse finding against you or your business or has alleged your business is non-compliant with specific government regulations, first, ask the decision-maker for a copy of the …
How to Identify & Resolve your Business Compliance and Regulation Issues Read More »
Usually, when somebody brings a court action, there is a drawn-out process called ‘discovery’ where each side asks for evidentiary material from the other side. Sometimes that gives people time to destroy or conceal evidence. So right at the start of litigation, you should consider asking the court for urgent orders, such as the Anton …
When starting Litigation to Protect Your IP: Anton Piller Search Orders Read More »
An ‘interlocutory injunction’ is a court order made during a court case before the final judgement, usually considered at the very start of litigation. For example, in the case of a copyright breach involving clothing, the case will take months at least to resolve. Still, the clothes copied from your designs, or the plans you …
Asset Freezing Orders by a Court – Mareva Injunctions Read More »
A big challenge that innovative startups face is attracting capital investment when what they are doing is so new that it also is, by definition, a gamble. At the start, you may qualify for an NSW State Government Grant.1 But your startup business structure is essential for private investors to become involved in the longer-term …
Startup Business Structures | Early Stage Innovation Company Read More »
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