Tag: Commercial Dispute Resolution
Financial Fraud in Non-Profit Organisations
30-November-2010 Fraud and Insolvency By Mark StreeterFraud can happen in any business. However non-profit organisations sometimes have looser controls so may be more susceptible to fraud. The statistics about fraud are also interesting. More men commit corporate fraud than women. It can be relatively...
What is insider trading?
Fraud and Insolvency By Mark StreeterInsider trading is illegal in Australia … but what is the definition of insider trading? The simplest definition of insider trading is taking advantage of information that is not public. This 'inside' information is most often seen as being used to...
Streeterlaw addesses case of website copyright infringement
Commercial Disputes By Mark StreeterThe situation – theft of intellectual property An Australian company had an extremely well developed website. Hundreds of hours had gone into its development in optimising design and content to inform and direct new business. A competitor was...
Businesses paying debts more quickly since GFC
29-November-2010 Commercial Disputes By Mark StreeterAn interesting article in The Sydney Morning Herald in October 2009 commented on the statistics from Dun & Bradstreet's trade payments analysis. The article, Business pay up more quickly, said the analysis showed a fall in the payment terms for...
Bankruptcy minimum raised from $2,000 to $5,000
Bankruptcy,Fraud and Insolvency By Mark StreeterHigher minimum debt for bankrupt individuals will reduce bankrupcty notices On 24 June 2010 the Federal Parliament passed amendments to the Bankruptcy Act 1966. There were a number of technical “restructuring” type changes to the Bankruptcy Act...
ANU versus AON case reduces lawyers making admendments
Commercial Disputes By Mark StreeterCase forces unprofessional lawyers to lift their game In a decision on 5 August 2009 the High Court significantly revised the guiding principles relating to case management of proceedings brought before the Courts in Australia. The decision overruled...
Implied terms of contract important when recovering debts
Commercial Disputes By Mark StreeterRecovering debts depends on the contract - whether written or verbal In a decision by Justice Barrett on 31 August 2010 in the Supreme Court of New South Wales, the Court gave a helpful re-statement of the law relating to the “normal conditions”...
When is a contract binding?
Property,Commercial Disputes By Mark StreeterHigh Court asked to rule if a contract existed and was binding Masters versus Cameron [1954] HCA 72 is a classic legal case that is still the leading authority on whether there is a binding contract or not. Even though this law case is...