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…
UPDATE | Changes to statutory demands from 1 January 2021
Marc Baddams and Sean Greenwood provide an update following on from the recent article Changes to statutory demands from 1 January 2021 posted on 23 December 2021.Update The Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (Cth) (the Act), commenced on 1 January 2021. The Act provides, among other things, that for a three month…
Changes to statutory demands from 1 January 2021
The temporary insolvency protections relating to statutory demands, which apply to all companies, are due to end on 31 December 2020. In the normal course, under section 459E of the Corporations Act, a creditor can issue a statutory demand against a company demanding payment of a debt of at least $2,000 (the Statutory Minimum) that…
Our most popular articles published during 2020
We are almost at the end of 2020, and with the end of a year comes the opportunity to reflect on our most popular articles published during the year: 1. COVID-19 Tenancy Update by Mary Digiglio & Tony D’Agostino | Property, Planning & Projects | 24 September 2020 2. COVID-19 | Redundancy payments during the…
Meritas — An Introduction to Temporary Changes Affecting Businesses in Australia and New Zealand
Looking for business and legal guidance regarding COVID-19 updates and programs in Australia & New Zealand? This document has coverage across the region with member firms who are here to assist. Please visit any of the COVID-19 resource materials for more comprehensive updates. View here…
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…
Contracts in the time of the Coronavirus (COVID-19)
There has been unprecedented disruptions to businesses and the economy with the current coronavirus (COVID-19) pandemic. With the restrictions being placed on the movement of people and gatherings, COVID could have very real implications for a range of industries like construction, which require a large workforce to be mobilised to work on…
Our most popular articles published during 2019
We are almost at the end of 2019, and with the end of a year comes the opportunity to reflect on our most popular articles published during the year:Deeds of Release and their effectiveness – update 2019 | Richard Ottley | Employment LawFair Work Commission – When will the Full Bench entertain an…
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…