To Will or Not to Will – That is the Question

Do you have a personal Will? If not, then the rules as to the distribution of your assets are as set out by the State Government. If you do, has it been prepared by a lawyer or by you or a friend at home? The difficulty with homegrown Wills is that if it does not comply [...]

By |2021-10-26T14:11:53+11:00October 26th, 2021|Wills and Probate|0 Comments

What is a Members’ Voluntary Liquidation?

A Members’ Voluntary Liquidation (MVL) is a voluntary form of liquidation commenced by the shareholders of a company that is solvent and so able to pay its debts. Once the company’s assets are sold and the debts and costs of the liquidation have been paid, the balance of monies available are distributed to the shareholders. [...]

By |2021-10-19T13:01:42+11:00October 19th, 2021|Insolvency, Uncategorized|0 Comments

Serving a Bankruptcy Notice – Get it done right

A Bankruptcy Notice could be served in a variety of ways under regulation 16.01 of the Bankruptcy Regulations including the now antiquated method of being "sent by facsimile ...". Well, regulation 16.01 has moved address to now be known as regulation 102 which now identifies the methods of service as follows: Service of documents [...]

By |2021-08-17T11:06:40+10:00August 17th, 2021|Debt Recovery, Insolvency, Uncategorized|0 Comments
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