Landmark Decision: First business interruption insurance COVID19 test case confirms payouts may be eminent

Landmark Decision: First business interruption insurance COVID19 test case confirms payouts may be eminent

Landmark decision in NSW court of appeal confirms the gate is now open for businesses to claim for business interruption insurance coverage as a result of the COVID-19 pandemic.  Silver Lining to...

Owed money? Should you call a debt collector or a lawyer?

If someone owes you money, you may be unsure as to whether you should be engaging a debt recovery lawyer or alternatively a debt collection agency.  It is usually dependent on the circumstances, the...

Federal Court abolishes the Peak Indebtedness Rule

In the recent decision of Badenoch Integrated Logging Pty Ltd v Bryant, in the matter of Gunns Limited (in Liquidation) (Receivers and managers appointed) [2021] FCAFC 64 (“Gunns”), the full Federal...

What property passes under my will?

When clients cast their mind to the future and look to preparing their estate plan there is often confusion about what property actually forms part of their estate.  This article addresses some...

High Court rejects Business Interruption test case appeal application

The High Court today denied the Insurance Council of Australia’s application to appeal a judgment in the first test case on business interruption claim denials arising out of COVID. In short, the...

STATUTORY DEMAND THRESHOLD INCREASED TO $4,000 FROM 1 JULY 2021

The Corporations Amendment (Statutory Minimum) Regulations 2021 increase the threshold at which a creditor can issue a statutory demand on a company from $2,000 to $4,000. The increase will come into...

The Litigation Glossary; Key Terms Explained

Commercial litigation terms can be confusing, especially if you are not familiar with the processes and procedures of civil litigation. It is important for key stakeholders in litigation (either...

Seller’s rights of termination of “off the Plan” contracts under a sunset clause in Queensland

Property boom-increased values The current property boom has brought into focus the rights of a seller to terminate an” off the plan”  contract where registration of the plan (and other requirements)...

Ready for the end of the Financial Year?

In the lead up to the end of the financial year, there is always a rush to get matters finalised and for loose ends to be tied up. In this rush, it can be easy for tasks to be missed. To assist in...

The Insolvency Glossary; Key Terms Explained

Insolvency law is complex, which is why we have put together easy-to-understand definitions of some of the more commonly used terms in insolvency law in order to assist you should you come across a...