by Affinity | Feb 1, 2016 | Business eNews
When selling your business, you will probably negotiate hard on things like the price, the plant and equipment being sold, and the settlement and handover period. What you may not have thought about is what will happen to the employees of the business, and what this...
by Affinity | Feb 1, 2016 | Business eNews
This article examines what happens when a corporate trustee “dies” and deals with two scenarios: When a corporate trustee is deregistered; and When a corporate trustee is wound up in insolvency. Trusts 101 First a quick refresher lesson on how trusts are...
by Affinity | Feb 1, 2016 | Business eNews
Business owners who have a current or future intention to sell their business should consider some key actions now, to maximise the attractiveness and value of their business. Quality financial information Inadequate and inappropriate internal financial reporting and...
by Affinity | Sep 22, 2015 | Business eNews
Sexual harassment can cost a business dearly in terms of lost productivity, staff turnover, recruitment costs, legal fees and court awarded damages. In particular, two recent court cases have shown us that courts are now prepared to make increasingly large awards to...
by Affinity | Sep 22, 2015 | Business eNews
It is not uncommon for a disgruntled spouse to render him or herself bankrupt in order to avoid a claim by their spouse for a property settlement. The Bankruptcy and Family Law Legislation Amendment Act 2005 gave the Family Court and Federal Circuit Court jurisdiction...