Category: Commercial Disputes
Landlords entitled to disclaim leases in insolvency cases
5-May-2014 Fraud and Insolvency,Commercial Disputes By Mark StreeterIn December 2013, the High Court confirmed that a liquidator of a corporate landlord may disclaim a lease that the company had granted to a tenant, leaving the tenant to prove they have suffered loss in the winding up. Broadly speaking, it is common...
Keep your tweets sweet
10-September-2013 Commercial Disputes By Mark StreeterBusiness owners should ensure they are aware of the risks associated with using social media and engaging with consumers or potential clients in this way before they start tweeting and posting online. In the eyes of the law, social media is...
Illegally taped conversation can be used in evidence
28-June-2013 Commercial Disputes By Mark StreeterAs most people may be aware, taped conversations are generally not permitted into evidence if the person was not aware that they were being recorded. However, a recent case has shown that taped conversations, where the person has given permission to be...
Company creditor managers wrestle with PPS Register
7-May-2013 Commercial Disputes By Mark StreeterThe Personal Property and Securities Act is causing many sleepless nights for credit managers wondering if they have acquired sufficient security in exchange for extending credit. The introduction of the Personal Properties Security Register more than...
Watch out for insolvent debtors
29-April-2013 Commercial Disputes By Mark StreeterIf you suspect a company you are trading with may be insolvent, it is important you be wary of receiving any payments from that company. If a company is insolvent, any payment you receive could be reversed by the Liquidator as a "preference" at a later...
Debt recovery: What is a Writ of Execution?
9-March-2013 Commercial Disputes By Mark StreeterWhat is a Writ of Execution? The most common mode of enforcing the judgment debt against an individual judgment debtor or a company judgment debtor is to issue a Writ of Execution. This is a direction to the Sheriff or Bailiff to attend a given address...
Debt recovery: the steps to winding up a corporation
Commercial Disputes By Mark StreeterSimilar to bankruptcy proceedings against individuals, winding up proceedings are those brought against debtors that are companies. Winding up proceedings will generally only be brought against a company where the debt is in excess of $10,000, however...
What is an Examination Notice?
7-March-2013 Debt Recovery,Commercial Disputes By Jamal BakalianAlthough this is not a method to enforce payment of a debt, an Examination Notice can be a useful tool if you know little or nothing about your debtor. It will allow you to obtain information about a debtor’s financial position, including assets and...
Debt recovery: What is a Garnishee Order?
6-March-2013 Debt Recovery,Commercial Disputes By Jamal BakalianIf someone else owes money to the debtor, you, as the creditor, can apply for a Garnishee Order from the Court that enables that debt to be paid to you rather than the Debtor. A Garnishee Order is most commonly served on a financial institution to...
What are Instalment Orders?
Debt Recovery,Commercial Disputes By Jamal BakalianFollowing your attempts to recover a debt, firstly through a Letter of Demand and subsequently after the debtor has been “served” the Statement of Claim papers, the court’s jurisdiction will come into play. The Statement of Claim gives the...