On 29 April 2016, the Federal Government released a Proposals Paper titled ‘Improving bankruptcy and insolvency laws’. ...
On 29 April 2016, the Federal Government released a Proposals Paper titled ‘Improving bankruptcy and insolvency laws’.
In a recent determination, the Financial Ombudsman Service (FOS) reduced the liability of a co-borrower who received no ‘real’ benefit from the loan.
All licenced financial service providers in Australia are required to subscribe to an external dispute resolution scheme approved by ASIC.
Queensland’s Attorney-General, Yvette D’Ath, has today announced that the government will proceed with long-awaited class action reforms.
Not surprisingly, parties concentrate on the commercial aspects of the deal when negotiating a contract but often overlook the jurisdiction and choice of law clauses commonly found in the tail end of agreements.
It is not uncommon for a creditor (assignor) to transfer their right to receive payment of a debt (assignment) to a third party (assignee). The assignee will then seek payment from the debtor.
Directors can be personally liable to pay the Commissioner of Taxation the amount of an unfair preference payment relating to pay as you go withholding (PAYG) where the Commissioner is ordered to pay the amount to a liquidator.
Sarah Dewar, associate in our commercial team, has worked with Cooper Grace Ward for five years. We asked her to tell us in her own words what life at Cooper Grace Ward is like, and a few of her past experiences and favourite things.
As a starting position, it is a company that is liable for breaching its contract, not its shareholders or directors.
The High Court of Australia has recently ruled that contributory negligence would not be presumed where a passenger accepted a car ride from an intoxicated driver. This decision upheld the decision of the Full Court of the Supreme Court of South Australia, which found the passenger could not have been
Where a court has ordered the winding-up of a company, a shareholder may be able to have the winding up terminated under section 482 of the Corporations Act 2001.
Many construction contracts require contractors submitting progress claims to also submit a statutory declaration in a specific form confirming subcontractors have been paid. How does this sit with the requirements of Building and Construction Industry Payments Act 2004 (Qld)?
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.