Before committing to a franchise business, it is essential to understand the legal nature of the contract you are signing. The purchase of a franchise is a major business decision, and prospective franchisees should be aware…
What Is a Caveat on Property?
In Queensland, property dealings are tightly regulated to ensure certainty and security of land ownership. The Torrens Title system, which governs land registration in Queensland, emphasises the importance of having interests recorded on the public register….
DPN defence after resigning as a director
Former directors can still face serious consequences after resigning as a director, particularly where a company has unpaid tax or superannuation liabilities connected to a period during which they were involved in the company. A Director…
Misleading And Deceptive Conduct In Business Sales
Buying or selling a business in Queensland often involves detailed financial records, trading figures, employee information and due diligence material. If that information is inaccurate, incomplete or presented in a way that creates a false impression,…
Priority of Creditors in a Liquidation: Who Gets Paid First?
When a company goes into liquidation, one of the first questions creditors ask is a simple one: will I get paid? The honest answer is that it depends, and it depends largely on where you sit…