Commercial Law

Receivership

For those who have run a business, the terms receivership, administration, bankruptcy and liquidation are used widely to describe businesses that is in trouble. While these are all related to a certain degree, they are all different situations, that can result in different outcomes for business. In this article, we will discuss what it means…

Commercial Law

ASIC Investigations

What is an ASIC investigation? Why and how are they conducted? The Australian Securities and Investments Commission (ASIC) investigates and prosecutes breaches of corporate law by corporations, directors and officers. Their work is carried out under the Commonwealth Corporations Act 2001. Breaches of corporate law can have some serious consequences for a business and the…

Commercial Law

Dissolving a Partnership

A partnership is a relatively simple type of business structure that many people take on. It involves two or more people, or companies working together to make a profit. However, since it is one of the most informal and simple business structures to set up, often partnership agreements are neglected, resulting in issues when conflicts…

Commercial Law

Recovering debt owed by a company

All businesses have a range of unpaid debts owed to them and it can be a timely exercise chasing up unpaid invoices constantly, but the reality is that if you do not get paid, you cannot survive. If you have taken all of the necessary steps to try to recover some of these debts, it…

Commercial Law

Australian Business Names

Do I need to register my business name? The name you choose to operate your business under is your business name. It is often your first impression with customers and a key differentiator between your competitors. It is more than a word; business names have the power and emotional influence to create a positive or…

Commercial Law

Trademarking your business name QLD

Should you trademark your business name? It is granted that everyone’s business is unique. Therefore, it is no surprise that everyone wants their business to stand out from its competitors and be identifiable to their perspective audience. Perhaps the best way of achieving this is registering a trademark on a business name or logo, giving…

General Law

How do I remove a trustee? – QLD

What is a trustee? A trustee is the person in charge of the trust. They manage the trust’s assets, do business on behalf of the trust and distribute any income that an asset earns to the beneficiaries during the life of the trust. While a trust is a very common business structure in Australia, it…