It’s not unusual to make a decision to enter into an agreement, based on a statement or promise by the other party about the future will hold. Then when that promise doesn’t hold or ring true, you could find yourself out of pocket.
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Our opinion about the Sharpcan case (Commissioner of Taxation v Sharpcan Pty Ltd  FCAFC 163), being a Federal Court case from late 2018 (a copy of the full judgment can be found here: https://www.ato.gov.au/law/view/pdf/misc-case/rdr_2018fcafc163.pdf).
Picture this: You are a small business owner. After getting through the first five years of trade, you are starting to see returns on the time, emotion and finances that you have invested into the business. Then a document comes in the mail and your fortune turns on its head. You are faced with a claim by a former employee and you realise your business is faced with an unexpected liability worth thousands of dollars. All due to a clause nested in a Modern Award that you had simply overlooked or misunderstood. Here’s how to avoid becoming that business.
Andreyev Lawyers - supportive and empathetic. This was a difficult process but Andreyev Lawyers provided timely advice and guidance and I was confident that they were doing their upmost.
Jessica assists clients with a range of disputes that arise both in their business and personal lives.
As a general rule, Budgets try to please as many people as possible, and upset as few as possible. This strategy is even more important for a Budget in an election year - when short-term memories are still likely to be working on polling day.
Here are some reasons why you should think about a Constitution for your company, rather than simply adopting the 'replaceable rules' in the Corporations Act.
As a business owner, you trust your employees to be honest. It’s therefore every employer’s worst fear to find out that an employee has been stealing from you. But what if then, that employee sues you, and your lawyer tells you that employee has a case?
Limitation of liability clauses are a great way for parties to a contract to limit, manage or allocate risk between them.
Indemnities are often treated like a ‘standard’ or ‘boilerplate’ contract clause, when they are anything but. If they are ignored or overlooked, you could be in trouble when something goes wrong. However, when used properly, indemnity clauses can help you to manage your risk when entering into an agreement.
As a lawyer, you really savour the great deals you get to assist great clients with. Find out about just such a deal we recently had the fortune of being entrusted with.
The Shorten Opposition is proposing to halve the CGT discount to 25%, or maybe eliminate it completely. Andrew Andreyev shares the simple truth.
The ATO is using Director Penalty Notices more often. However, the ATO officers are only human and they can make mistakes. There are four main ways in which your DPN may be challenged.
How we helped business owners build and sustain strong business growth Our clients own a rapidly growing equipment hire business. To sustain this growth, they needed to ‘clean up’ and simplify their business structure to ensure that the business was operating as efficiently as possible. With our detailed understanding of tax roll-over concessions, we [...]
I greatly valued Andreyev Lawyers technical expertise and particularly appreciated their sympathetic approach.