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BLB NEWSLETTERS | BUSINESS LAW BRIEF
LATEST ISSUE - BLB Newsletter - April 2009
BUSINESS LAW
SERIOUS PENALTIES FOR ADVISERS MISLEADING LENDERS
Accountants, financial advisers, mortgage brokers, lawyers or any other person who is found responsible for falsely representing the financial position of a company face serious penalties enforceable by the regulators
COMPANY OFFICERS PERSONAL LIABILITY FOR FALSE OR MISLEADING STATEMENTS
Company officers should be very diligent when approving press releases or other company representations in light of the very recent judgment against the James Hardie directors.
GOOD NEWS STORIES - APRIL 2009
Okay so Treasurer Swan thinks that global recession is likely to be deeper and longer than previously thought. But notice the word “global”. Sure enough, Australia is directly affected by the economies of other countries, but the question is to what extent?
LODGING A CAVEAT - HOW SAFE IS IT?
Our client owned a parcel of land. The next door neighbour had erected a common fence some time ago encroaching on our client’s land by some 30cm. This wasn’t an issue to our client until recently they discovered the neighbours were thinking of selling their land.
FINANCIAL SERVICES
COST vs PERFORMANCE - ASSESSING SMSFs
Although Federal Minister Sherry quashed a rumour going round a recent Superannuation Conference that the government was about to set minimum asset levels for SMSFs, the issue of just how much money should be in an SMSF to make it viable never seems to go away
DISPUTE MANAGEMENT
COURT OF APPEAL DECISION ENFORCING RESTRAINT OF TRADE
In late February 2009 the Court of Appeal handed down its decision in Miles v Genesys Wealth Advisers Limited, finding that a restraint of trade of 2½ years on a former MD was not unreasonable…..
LIFE’S TOO SERIOUS
WHO WANTS TO BE A MILLIONAIRE
A blonde named Pam is appearing on "Who Wants To Be A Millionaire” with Host, Eddie McGuire....
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