Queensland Vendor Finance Lawyer

  Annual General Meetings Coronavirus (COVID-19) may temporarily impact companies’ ability to hold an annual general meeting (AGM). This issue is most immediately relevant for listed and unlisted public companies with 31 December balance dates that are required to hold an AGM by 31 May 2020. For These Entities, ASIC: Confirms it will take no action if the AGMs are postponed for two months; that is, until the end of July Supports the holding of AGMs using appropriate technology. The full text of our ‘no action’ position is attached. ASIC cautions entities against holding an AGM while there are restrictions on large gatherings unless the entity can provide members as a whole with a reasonable opportunity to participate in the meeting. Commissioner John Price said a degree of flexible pragmatism was needed to deal with the issue.  ‘Consistent with the Council of Financial Regulators’ statement that they would move to adjust the timing of regulatory initiatives so financial instit...

The Civil Partnerships Act 2012 was one of the last pieces of legislation passed by the previous session of Parliament, and it was very quickly amended by the Civil Partnerships and Other  Legislation  Amendment Act 2012, which was one of the first pieces of legislation passed by the new session of Parliament. There are three particular changes introduced by the later Act. First of all the phrase, Civil Partnership has been replaced by the phrase Registered Relationship. So Queensland no longer has Civil Partnerships, it has Registered Relationships. Any couples who entered into Civil Partnerships before the legislation was amended have automatically been converted to Registered Relationships. Secondly, the possibility of an official ceremony to celebrate a Registered Relationship has been removed by the amendments. This does not of course prevent informal celebrations, but an official ceremony is no longer a possibility. The third change is a logical consequence of the second...

When purchasing your property it is important that searches are carried out to check that the seller has met their disclosure obligations, that warranties in the contract are correct, and to obtain the information required to assist in your conveyance. It is important to ensure that all searches relevant to the purchase have been considered and that the appropriate searches are conducted at the correct stage of the conveyancing transaction. Ideally, you should consider conducting searches in advance of signing your purchase contract or prior to the contract becoming unconditional to ensure the best understanding of the property you are signing up to purchase before being ‘locked in’ to settle. Certain searches should be conducted at the start of your  conveyance  and others will be conducted over the course and at the end of the conveyance. Although it is ultimately your decision as to when to conduct the searches, we recommend you have us carry out searches as soon as possibl...

Statistics show that in Australia at least one-third of relationships end in divorce or separation. Usually, we don’t find accurate information about property settlement after divorce or separation. Different cases have different results . All cases are decided according to the given facts, and the result of each case is different. Misconceptions about property settlement: Each case of a property settlement after divorce has different results. We hear different wrong statements from our clients. Let’s have a look at the wrong divorce property settlement examples in Australia. Everything is divided equally:  People think that the property is divided equally among both parties. The truth is that there is no such rule. Also, there is no mathematical formula for dividing property. It is decided according to the given facts. To get a property settlement you will have to go to court:  This myth is also not true. There are only 5% of couples who have to visit the court. All other cas...