Why Liquidation Doesn’t Mark The End
On 16 March 2017, the New South Wales Supreme Court terminated a liquidation in CNL Transport following consideration of the surrounding circumstances for non-compliance with a statutory demand.
Doyle's Guide for family law - Alice Drummond
Congratulations to Ramsden Lawyers family law partner and accredited specialist Alice Drummond, for making the 2019 Doyles Guide for family lawyers on the Gold Coast.
Australian Consumer Law: ACCC Fines Ford & Telstra
In a strategic move by the Australian Competition and Consumer Commission (‘ACCC’), both Ford Motor Company of Australia Ltd (‘Ford’) and Telstra Corporation Ltd (‘Telstra’) were hit with $10,000,000 in penalties following separate legal proceedings launched by the country’s consumer watchdog.
Winding Up A Company In Shareholder Disputes
The minority shareholders of Samgris Pty Ltd claim that the company's conduct had been oppressive and unfairly prejudicial to them. The trial judge determined that the duty of mutual cooperation between the members of Samgris had been irretrievably broken by the appellant’s conduct as majority shareholder.
David v Goliath: Unfair Contract Terms for Small Businesses
The Federal Court declared that a number of terms in JJ Richard’s small business contracts were unfair. This is the first court action by the ACCC to test the scope of the new amendments to the Treasury Legislation Amendment (Small Business and Unfair Contract Terms) Act 2015.
New Changes to the Family Law Court System
As of 1 January 2019, the Australian Family Law systems will face a massive shake-up. As part of new sweeping changes, the Federal Circuit Court and the Family Court of Australia will be amalgamated to form the Federal Circuit and Family Court of Australia (‘FCFCA’).
Safe harbour provisions for distressed companies
Safe Harbour protection is designed to provide relief to distressed companies to improve the prospects of implementing a successful turnaround strategy.
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