Our legal experts will keep you up to date on all relevant and current developments.

Scammers, Hackers and Dodgy Money Transfers – are you Protected?

Recent reports that former NRL player Benny Elias was scammed out of $860,000 when hackers impersonated his lawyer during a property transaction come as an important reminder to be extra careful when transferring money online.

SMSF Auditor Liability - Accountant Update April 2019
Thursday 11 April 2019 / by Shane Roberts and Callun Blurton posted in Banking & Finance Business, Corporate & Commercial

Two recent cases involving SMSF auditors highlight the potential liability of auditors in undertaking audits of SMSF’S and the need for auditors to obtain evidence to support the opinions expressed. Find out more in our April 2019 Accountant Update

Ipso Facto Reforms and the Need to Review Contractual Terms Dealing with Insolvency
The Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Act 2017 (Cth) amended the Corporations Act 2001 (Cth) from 1 July 2018 to impose a prohibition on the enforcement of rights against a company including contractual termination rights arising on the occurrence of an insolvency event in relation to that company.

Friday 8 December 2017 / by Tal Williams & Lucy Williams posted in Banking & Finance Business, Corporate & Commercial Technology Law

The cryptocurrency revolution is well under way. The new form of currency has begun to revolutionise financial transactions in ways that society is still starting to grasp. While still being a volatile currency, its value rose from US$1,000 at the beginning of the year to nearly US$16,000 per coin as of December 2017. More and more people are getting on board with this new cryptocurrency and, as recently as November 2017, several Australian home owners have even begun accepting Bitcoin payment for their property. There appears to be no limits to the use and growth of cryptocurrency. But cryptocurrencies still remain outside the scope of the regulated financial system. That is, until now – sort of.

Wednesday 6 December 2017 / by Shane Roberts and Sam Marsh posted in Banking & Finance Business, Corporate & Commercial Commercial Recovery & Insolvency Franchising & Retail

Key Takeaways:

  • Insolvency legislation to create a safe harbour for directors from insolvent trading claims in certain circumstances has received royal assent.
  • A director will be entitled to claim the protection of the safe harbour upon developing a course of action reasonably likely to lead to a better outcome.
  • To utilise the safe harbour, a director should seek timely advice from an appropriately qualified professional.

Congratulations to our CFO, Magdalena Kosior-Molloy who has been selected as a finalist for the CFO of the Year award in the 2017 Executive of the Year awards. 

Greg Malakou, Holman Webb CEO, speaks to Business First magazine about how innovation not only gives Holman Webb a competitive advantage in the market but is also fundamental to the firm’s growth strategy.

Friday 21 August 2015 / by Callun Blurton posted in Banking & Finance Business, Corporate & Commercial Dispute Resolution

Casaclan v Wealthsure Pty Ltd [2015] FCA 761 is the most recent decision involving Wealthsure Pty Ltd and their former authorised representative Mr Colin Oberg following the High Court’s Selig & Another v Wealthsure Pty Ltd (2015) 320 ALR 47 judgement.

Friday 20 September 2013 / by Jonathan Casson posted in Banking & Finance Business, Corporate & Commercial

The Privacy Act changes commence in March 2014. 

If your credit application, privacy policy or terms and conditions of trade do not property take the new amendments into account, you may find yourself in danger of breaching the new Act. The changes have imposed new credit reporting provisions, and have given enforcement powers to the privacy Commissioner. 

Recent Posts