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30SepRead MoreCan you serve a statutory demand by email?
Does email count as service? Serving a statutory demand on a company is a critical step in the debt recovery process. Valid service triggers the 21-day statutory period within...
25SepRead MoreSetting aside a statutory demand: what constitutes a ‘genuine’ dispute?
What are statutory demands and how are they used? A statutory demand is a formal demand served on a company for payment of an outstanding debt that carries significant...
07SepRead MoreBusiness in Financial Distress? Small Business Restructuring Could Be the Lifeline You Need
A SBR provides a formal restructuring process through which an eligible company can propose a compromise of its debts to creditors and an extended time to pay the compromised...
25NovRead MorePreventing a preference payment claim
It is not uncommon for employment contracts to contain restraint of trade clauses that seek to prevent the employee from undertaking specific activities during and after their employment contracts...
19NovRead MoreWhat is the difference between a Part IX and a Part X Agreement?
There are alternatives to bankruptcy that ought to be considered if you are struggling financially. Two of which are provided for under the Bankruptcy Act 1966 (Cth), namely, Part...