Category: Commercial Law

News

POSTED: 14 Sep 2021
In response to the ongoing COVID-19 lockdowns across Australia, the Federal Government has once again decided to temporarily allow electronic execution of documents by companies in accordance with section 127 of the Corporations Act 2001 (Cth) (Corporations Act).
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News

POSTED: 03 Aug 2021
A force majeure clause relieves a party from temporarily or permanently performing contractual obligations when an unexpected, external event that is outside of the control of a party has occurred which prevents performance.
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News

POSTED: 28 Jul 2021
Use of the Service NSW QR check-in code has been expanded so that it is now mandatory at all workplaces and retail business.
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News

POSTED: 02 Jul 2021
NSW Fair Trading has now been given new enforcement powers that require businesses that supply goods or services to consumers in NSW to comply with new mandatory disclosure obligations.
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News

POSTED: 14 May 2021
The Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth) commenced on 4 April 2021, introducing a Director Identification Number (DIN) requirement for all existing and new directors and strict liability offences for those who fail to obtain a DIN.
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News

POSTED: 23 Apr 2021
Resigning directors are now subject to new requirements under the Corporations Act 2001 (Cth) as a result of the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (Cth) (Act).
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News

POSTED: 15 Dec 2020
The Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 (pending approval) will come into effect on 1 January 2021 and introduces a ‘Simplified Liquidation’ process.
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News

POSTED: 28 Oct 2020
Phoenixing (or a phoenix restructure) is when a new company is created to continue the operations of a company that has been deliberately liquidated in order to avoid paying its debts.
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News

POSTED: 08 Sep 2020
The State Revenue Legislation Further Amendment Act 2020 (NSW) (the Act) received Royal Assent on 24 June 2020.
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News

POSTED: 29 Jun 2020
In Visual Building Construction Pty Ltd v Armistead (No 2) [2019], the NSW Court of Appeal considered when a building contract is validly terminated with respect to a remediable breach.
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