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Allegations of tax evasion could decrease matrimonial asset pool

9-May-2013 Family Law By admin

It is not uncommon in marriage breakdowns, particularly in cases where one partner owns a business enterprise, for the estranged spouse to make allegations in respect to their ex-partner’s fraudulent use of cash from that business or incorrect...

Company creditor managers wrestle with PPS Register

7-May-2013 Commercial Disputes By admin

The 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 a...

Watch out for insolvent debtors

29-April-2013 Commercial Disputes By admin

If 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...

Take cautious approach to ACCC voluntary interviews

26-April-2013 Fraud and Insolvency By admin

If you are the director of a company, The Australian Competition and Consumer Commission (ACCC) may at some point request you attend a “voluntary interview”. If a breach of what was known as the Trade Practices Act is alleged, the...

Don’t wait to finalise your property settlement

5-April-2013 Family Law By admin

    If you have recently divorced, you only have 12 months to negotiate, settle and formalise a property settlement with your former spouse. If you have not finalised your property settlement and it has been more than 12 months since your...

Case highlights importance of financial disclosure in property settlement

20-March-2013 Family Law By admin

A recent case in England has highlighted the need for parties involved in property settlement proceedings in the Family Court to be frank with their finances and disclose all financial information. A property tycoon in London was sentenced to six...

Can parents’ money be factored into Family Law litigation between spouses?

Family Law By admin

The recent case of MacDowell and Williams and Ors has raised an interesting ethical and legal question regarding how far the Courts should interfere in the private financial affairs of third parties when determining the future financial resources of the...