Lending Money
I got some instructions from an old client that I had to sue a couple of years ago to recover some fees. Her father wishes to lend money for 6 months to a heavily geared individual at a rather high interest rate due to the risk involved. We are being instructed to prepare: A loan […]
Last Minute Negotiation
This week we had some fun with some last minute negotiations. Our client believes he was oppressed by the majority shareholder of a company and was not paid adequate employment entitlements. The dispute has been going on for some time. We had prepared and were just about to lodge an application in Fair Work Australia […]
Mediating Disputes
Every stranded group needs someone to help resolve disputes. I have trained as a mediator and have been involved in many, many mediations, due to all the Courts forcing litigants to early mediation. I try to think outside the square for solutions that courts could not provide, so that there is a win-win situation, or […]
Finalising Franchise Agreement
Yesterday we finalised negotiations regarding a franchise for a client. We managed to get numerous changes made to the franchise agreement, though not as many as we would have liked. We find it is usually difficult to get any changes made to franchise agreements. Most Franchisors say take it or leave it, so we did […]
Ridiculous Offer to Settle
We attended a mediation at the District Court earlier this week. Our clients have an excellent case, supported by an expert’s report, but they are concerned that the enemy company is going broke and any money that they get paid might be clawed back by a liquidator. Our clients are pragmatic. They offered to accept […]
Winding Up Estates
We’ve been helping a client wind up an estate. Unfortunately, she started without us, and distributed a lot of what should have been the residuary estate to the intended beneficiaries, including herself. However, it then turned out that the unallocated assets were insufficient to cover the liabilities of the estate. So a proportion of the […]
Red Cross Will Special
Yesterday Jarred and Irene spent half a day each interviewing clients as part of a fund raiser for the Red Cross. The clients paid the Red Cross $75.00. Jarred and Irene interviewed the clients and are now busy preparing the wills. Jarred sent me a couple at 9.30pm last night to settle! Michael Paterson & […]
Purchase of Financial Planning Business
We are helping a lady negotiate the purchase of 2 financial planning businesses at the moment. We’ve done a few of these over the years, so we were able to put these together reasonably quickly. One lady was a procrastinating a bit, so we suggested the following e-mail be sent: “Dear Ms X, I have […]
Documents for a Proposed Development and a Visit from Constable Care!
We are working on a set of documents for a proposed development: A trust deed making it clear that the trustees are purchasing the land on trust for the beneficiaries, one of whom will own one strata unit and the other the rest; The wording for the contract of sale; Loan agreement from the mother/mother-in-law […]
The Importance of Joint Tenancy
Our client’s recently ex-husband died. The house was in joint names, so it automatically went to her and did not form part of his estate. She was not living in the house at the time of his death, but her 27 year old mentally ill step son had been boarding with the husband. Her tenancy […]