Keep­ing you up-to-date with the lat­est legal devel­op­ments, leg­is­la­tion changes and case precedents.

All pub­li­ca­tions relat­ing to Marc Baddams’

Direc­tors’ Access to Com­pa­ny Books: Nav­i­gat­ing Statu­to­ry & Com­mon Law Require­ments in Australia

To man­age a com­pa­ny and dis­charge their duties, direc­tors need access to com­pa­ny infor­ma­tion. Ten­sion between direc­tors can arise about what access they can have to com­pa­ny books, par­tic­u­lar­ly in the con­text of a dis­pute at board lev­el. How­ev­er, direc­tors have statu­to­ry rights and com­mon law rights to access com­pa­ny books. This…

Update on Statu­to­ry Demands – changes to min­i­mum thresh­old and (for some) time to comply

On 1 July 2021, Sched­ule 1 to the Cor­po­ra­tions Amend­ment (Statu­to­ry Min­i­mum) Reg­u­la­tions 2021 (Cth) (Reg­u­la­tions) came into force, increas­ing the min­i­mum amount which a debtor com­pa­ny must owe a cred­i­tor before that cred­i­tor can issue a statu­to­ry demand to the debtor (Statu­to­ry Min­i­mum) and chang­ing, for some debtors, the peri­od in which debtors can…

Defin­ing An Offi­cer’ Under the Cor­po­ra­tions Act: Case Note — Aus­tralian Secu­ri­ties and Invest­ments Com­mis­sion v King [2020] HCA 4

Defin­ing An ​‘Offi­cer’ Under the Cor­po­ra­tions Act: Case Note — Aus­tralian Secu­ri­ties and Invest­ments Com­mis­sion v King [2020] HCA 4 Intro­duc­tion On 11 March 2020 the High Court of Aus­tralia hand­ed down judg­ment in the case of Aus­tralian Secu­ri­ties and Invest­ments Com­mis­sion v King [2020] HCA 4, with the judg­ment pro­vid­ing a long-await­ed clear…

It’s almost time: Amend­ments to the Build­ing and Con­struc­tion Indus­try Secu­ri­ty of Pay­ment Act 1999 (NSW) to com­mence on 21 Octo­ber 2019

The Build­ing and Con­struc­tion Indus­try Secu­ri­ty of Pay­ment Act 1999 (NSW) (the Act) is about to under­go some changes. Those changes will apply to con­struc­tion con­tracts in New South Wales entered from 21 Octo­ber 2019. What are the changes?Ref­er­ence dates are goneThere are no more ref­er­ence dates. The con­cept of a ​‘ref­er­ence date’ will…

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