ProductsCompany and Corporate Compliance
Empowering Legal Professionals, Owners and Managers with Comprehensive and Accessible legal information on all things Business
Company Officers – Decision Making and Compliance
In Brief The Business Judgement Rule provides a level of protection to officers to ensure that they are not penalised for taking reasonable business risks but does not absolve officers from the need for them to be financially literate and engaged and aware of what is going on in the business
Company Officers – Whats Involved
In Brief The officers of a company are responsible for setting strategy, ensuring compliance with laws, and monitoring management.
Insolvency – Dealing with It
In Brief Insolvency is a serious issue, because company directors have a strict duty to prevent insolvent trading under section 588G of the Corporations Act.
Insolvency – Recognising It
In Brief A company is insolvent if it is unable to pay its debts as and when they fall due, having regard to current and expected cash flow assessed having regard to the nature of the business and the balance sheet of the company.
Joint Ventures
In Brief Joint Ventures are agreements between 2 or more businesses to come together to carry out an undertaking and share in the profits from it. When businesses combine their resources, knowledge or skills and work together they can gain benefits
The Shareholder Relationship
In Brief The Company Constitution provides a basic framework for the structure and management of a company. It provides a standard set of rules for a company with very simple governance requirements.