Directors Liability – When Are Directors Personally Liable?
What is the Corporate Veil & When Are Directors Personally Liable? If you’re considering the option of piercing the corporate veil to recover a debt
What is the Corporate Veil & When Are Directors Personally Liable? If you’re considering the option of piercing the corporate veil to recover a debt
A de facto director and a shadow director of a company are people who are not officially appointed in the position of a director of
A bankruptcy notice is the first document served on a human judgment debtor to commence bankruptcy proceedings against that debtor. Once served, the judgment debtor
A personal insolvency agreement (PIA) is a legally binding agreement between a debtor and a creditor that aims to ensure debts are appropriately repaid. In
A director penalty notice is a notice from the Australian Taxation Office (“the ATO”) directed at a director (or directors) of a company making
Tax debts are essentially debts owed by a business to the Australian Taxation Office (“the ATO”). These can include tax & superannuation liabilities and debts,
Can you serve a bankruptcy notice by email? If a creditor has received a final judgment or final order the execution of which has not
A statutory demand is a written request for the payment of debts that are owed by an insolvent company, under section 459E of the Corporations Act 2001 (Cth). This
Debt recovery services in Queensland can vary depending on a number of different factors. Debt recovery services can range from informal services, all the way
The presumption of insolvency for unsatisfied execution is another way that a company can be presumed insolvent, or a person commits an act of bankruptcy.
Bankruptcy Annulment – Ending Your Bankruptcy Early Bankruptcy annulment happens in one of three ways. The first way for bankruptcy annulment is to pay all
The Fair Entitlements Guarantee (“FEG”) is a statutory safety net where the Australian Government will pay employee entitlements to eligible employees of a company that
Unfair loans are only unfair if the interest on the loan, or charges in relation to the loan, were extortionate when the loan was made,
Unreasonable Director-Related Transactions Unreasonable director-related transactions occur when: There is a transaction of a company; and The transaction is a payment, conveyance, transfer, disposition of
When is a company insolvent? A company is insolvent if it is unable to pay its debts as and when they become due and payable.
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