Sunshine Coast Lawyer

Directors’ Duties

A recent Federal Court decision in ASIC –v- Healey & Ors has again raised Company Directors’ concerns as the increasing trend towards greater Director accountability continues. In Healey it was decided non-executive Directors could not rely merely upon the fact that Company accounts were prepared by an international accounting firm of high reputation. In that…

Sunshine Coast Lawyer

Legal obligations & sport

We often hear of disputes in relation to Contracts between players or coaches and their Clubs.  At the end of the day, however, it must be recognised that contractual obligations need to be regarded seriously. In the case of Wright –v- Groves decided in the Queensland Supreme Court in June 2011, Joey Wright (“Wright”) being…

Sunshine Coast Lawyer

Major Finance Law changes – PPSR

In October 2011, the Personal Properties Securities Reform (“PPSR”) will be implemented. The PPSR is a national regime which shall conglomerate and replace existing State laws and multiple State Security Registers. The purpose is to allow lenders and suppliers to register security over personal property in an online register of securities. It will have wide…