January 14, 2025 5 Common Liabilities After A Director’s Resignation As a company director, you can resign by giving notice to a company’s registered office,...
August 30, 2022 My Business is Struggling Financially. What Are My Options? Financial hardship occurs when you are unable to meet your financial obligations and pay your...
October 29, 2021 Piercing the Corporate Veil: A Guide for Business Owners As the director of a company, you have certain duties and obligations that you must...
July 23, 2025 What Is a Solvency Statement? As a company director in Australia, you have many obligations that you need to comply...
December 18, 2019 Can I Recover Debt from a Company in Liquidation? If you are in the sticky situation where you need to recover debt from a...
June 5, 2019 My Company Can’t Pay Its Debts. What Are My Options? Unfortunately, LegalVision see an increasing number of companies in financial distress, struggling to keep up...
October 28, 2016 Does the Duty to Prevent Insolvent Trading Apply to Officers? Section 588G of the Corporations Act 2001 (Cth) (the Act) governs the director’s duty to prevent...
November 9, 2018 The Kleenmaid Case: Takeaways for Franchisors & Franchisees Many franchisors operate their business through a private company or trust allowing them to enter...
February 20, 2024 Directors’ and Shareholders’ Liabilities During Insolvency A limited liability company is an attractive business structure for business owners and directors as...
December 29, 2021 Am I Eligible to Be a Company Director? In Australia, you must be at least 18 years old and provide written consent for...