201811.12
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Estate Planning – what is an Estate Plan?

An estate plan involves more than signing a Will and storing it in a ‘safe place’. Estate planning requires a holistic approach in consideration of a person’s present circumstances and foreseeable future. A plan needs to consider who matters, what you have now, what you may have in years to come, and what your final…

201810.09
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Consequences of sharing company secrets with competitors

Employees have a duty of confidentiality and good faith to their employers and employers have a right to ensure that company information is not misused or wrongfully disclosed. But what happens when a company’s information is ‘stolen’ and ends up in the hands of a competitor? The unauthorised disclosure of confidential information or sharing of…

201810.09
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The risks in referring to unattached documents in an agreement

It is common for parties to an agreement to refer, in the agreement itself, to additional documents. These additional documents are sometimes, although regrettably, not always annexed or attached to the actual agreement. In adopting this course of action the parties may be endeavouring to streamline or simplify the body of the primary agreement and…

201808.27
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How Directors can mitigate against personal liability

Long gone are the days when accepting a directorship meant occasionally turning up to a company’s annual general meeting, accepting a director’s fee and turning a blind eye to how a company was actually being run. In recent years, with increasing regularity and at times severity, Australian Courts have made it clear that directors have…

201808.27
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Franchise Law – increased compliance obligations

A recent joint investigation by Four Corners and Fairfax Media found evidence of the systemic underpayment of wages as well as the doctoring and falsifying of payroll records by 7-Eleven, the largest convenience store chain in Australia. That investigation was then followed by an Inquiry by the Fair Work Ombudsman. Following the release of the…

201808.27
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Can I be sacked for breaching company policies?

The circumstances unique to each case must be considered in determining whether it is lawful to terminate an employee for conduct that contravenes company policy. Generally, however, if a breach of policy results in unlawful conduct such as bullying, harassment or discrimination, then the decision to terminate the offending employee may be justified. Having in…

201807.18
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How an ABN error cost a company $23 million

The Personal Property Securities Act 2009 (Cth) (PPSA) provides a national framework for registering interests in personal property. These interests are recorded on a central register known as the Personal Property Securities Register (PPSR). Registration on the PPSR is an integral step in securing, protecting and enforcing a financial interest in property. However, the requirements…