business law

Trust Deeds

Do you have your business held in Family Trust or Discretionary Trust? The ATO and most trust deeds, require a resolution distributing the income from the trust to its various beneficiaries to be made. If the resolutions are not passed, they cannot be made and back-dated.  That amounts to fraud. Some deed have a default […]

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Business Ventures

An old client of mine has an idea for a boutique bar with an interesting twist. He has been discussing the with the owners of a building and they now wish to join together to create the bar in the premises. My client will be the managing director, in charge of business development and will

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Speedy Settlement

An old client came to us last week seeking independent advice on loan contract, guarantees and mortgages being given as security for a loan. The deal involved borrowing just over $175k for 6 months, but only receiving $150k after application fees, interest paid in advance and legal fees, on top of our fees for the

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