CATEGORIES
Personal asset protection is often touted as a major benefit of operating through a company rather than as a sole trader or in a traditional partnership. Despite this, there are a significant and growing number of liabilities and obligations for which a director can be personally liable. Whether you are the sole director and shareholder…
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Are you looking to buy a business, or have you signed a contract already? If so, there are key risks and advantages about the structure of the transaction that need to be understood before looking at the detail. There are many reasons to buy a business. Perhaps you are new business owner and want to…
Read MoreIpso facto provisions are a common staple found in almost every commercial Contract one can think of but, starting from 1 July 2018, there will be new laws which
Read MoreDuring the corporate excitement of entrepreneurial risk-taking in a limited liability Company, thought is not usually given to the possibility that a Director may be disqualified if ‘things go wrong’. Even in the event of liquidation of a Company, Directors are – notwithstanding the ‘corporate veil’ – more likely to be concerned about Director’s liability…
Read MoreIn times of significant conflict, a trial can be seen as the best option moving forward. While it is needed in some cases, it isn’t required for all. Outcomes available at trial can often be limited, and there can be risks including prohibitive legal costs and lengthy court delays.
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