Personal Guarantees: 5 things you should know
Personal Guarantees: 5 things you should know A personal guarantee is a promise made by the person giving the guarantee that they will meet the obligations of a person...
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Letter of Demand
What is a letter of demand? A letter of demand is a formal demand for action by a third party. While a letter of demand may seek that the...
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Contractual Warranties: Can an assignee sue for pre-assignment breaches?
Introduction An assignee is a person (or entity) to whom a right or liability has legally been transferred. In business, it’s quite common for parties to a commercial contract...
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What do you need to know about the personal property securities register (PPSR) if you are purchasing or selling a business?
In our previous article, which can be found here (http://www.turnbullhill.com.au/personal-properties-securities.html), Gavin Hanrahan provided an overview of the most recent changes to the laws relating to the PPSR. That article...
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What is required of an insured to comply with the duty to disclose set out in section 21 of the Insurance Contracts Act
A recent decision of the NSW Court of Appeal sheds some light on what an insured’s duty of disclosure obliges the insured to do. Section 21 of the Insurance...
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What is the Unfair Dismissal High Income Threshold?
Updated – July, 2017 The high income threshold for unfair dismissals refers to the highest possible income an employee can have, unless they are covered by an award or...
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The Debt Recovery Process in NSW
The debt recovery process in New South Wales (NSW) is very similar to the debt recovery processes followed by all other Australian states. The process almost always begins in...
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Constructing your license agreement to meet your needs
Many a business’s most valuable asset is its right to regulate who uses, and who has the right to use, a particular product. If you own the product, the...
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Capital Gains Tax Rollover Relief: A benefit for some, a potential liability for others!
An important consideration in a family law property settlement is Capital Gains Tax (“CGT”). CGT rollover relief provides that after separation, a spouse who transfers an asset (which would...
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Can you terminate an employee for being overweight?
Employees must be able to safely and competently perform the duties related to their role. If an employee becomes unable to do so, can the employer terminate them? This...
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