SOLID LEGAL ADVICE DIRECTLY FROM AN EXPERIENCED LAWYER

Do you need:

HELP TO NAVIGATE SAFE HARBOUR LAWS?
A REFERRAL TO A LIQUIDATOR
TO RESTRUCTURE YOUR BUSINESS
TO COLLECT A DEBT
TO NEGOTIATE A WINDING UP APPLICATION

The ATO

The Bank

A Supplier

A Customer

A Business Partner

The Landlord

Insolvency matters take many forms and are always urgent. Doing nothing is never the solution. Taking early expert advice to develop a strategy is the best way to deal with an insolvency problem.

Chat directly with our Legal Practice Director, Bruce Pasetti

Bruce has been winding up companies and preventing companies from being wound up for 20 years. Very few lawyers have been in as many winding up matters as Bruce. He is a workshop leader for the ARITA course that all budding liquidators must complete and is a regular on the speaking circuit.

Bruce’s expertise extends to commercial litigation, debt recovery, construction and all manner of commercial matters.

Guarantee or Indemnity- does it matter which you have signed?

This is part of an occasional series of articles concerning personal guarantees. Typically, a company opens up an account with a supplier and the directors sign something to say that if the company does not pay then the directors will do so personally. Like so much in...

UPDATE: Unqualified electricians give themselves a shock!

The wheels of justice finally caught up with these two. Former pre-insolvency adviser Stephen O’Neill has been sentenced at Brisbane District Court to five years in prison with a non-parole period of 22 months, after pleading guilty to one charge of dealing in the...

Personal Guarantees- a true story

Below is a post reproduced with the kind permission of our good friend, and skilled adviser, Stuart Craig from 888x. I would like to share with you case study #7 which is a follow on from Transport Distress case study #1. This case study #7 relates to a supplier of...

New larger office @ L5 444 Queen St

Bad Debts Getting you Down?

Building Time

Our Legal Practice Director presented to the Institute of Public Accountants this week on the Queensland Building and Construction industry. What do you talk to accountants about? dates and numbers, of course. Bruce explained the current legislation that applies and...

Houses and Bankruptcy

An all too often scenario sees a couple owning a house as joint tenants when bankruptcy confronts one of them. The law is that a bankrupt's share in the house vests with the trustee in bankruptcy. In basic terms the bankrupt's share in the house no longer belongs to...

What’s Happened to the Subcontractor Charge?

Relax. Subcontractors can still become secured creditors and protect their hard earned. The Subcontractor Charges Act can now be found in chapter 4 of the Building Industry Fairness (Security of Payment) Act 2017 (Qld) (“BIFA”). It is more or less the same process as...

4 Points about Interest

When someone wants to make a civil claim against someone the question of interest always arises. You cannot just pick your own rate of interest and add it to the claim. Essentially, you need a contract or law that gives you a reference point for claiming interest. 1....

Securing your money, Caveats, Postponing equities and Getting Paid

If you’re in the business of taking security against real property, you’ll be all too familiar with the process of registering mortgages or lodging caveats on the basis of a charging clause or an unregistered mortgage. You’ll probably also be aware that, all things...