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In the recent decision of Ministry of Economic Development v Feeney And Ors the District Court considered the extent to which directors can rely on expert advice from employees and the company's advisers. This case is a reminder of the ability of directors to seek and rely on expert and professional advice in performing their duties. And, presumably, the converse of that must also be true, that if directors do seek professional advice but choose to ignore it without good reason, they will not ha

A company's powers are distinct from its two primary organs, the members in general meeting and the board of directors.

Employee Share Scheme obligations are often an area that is overlooked but penalties for non-compliance can be severe.

ESG due diligence is an essential addition to traditional financial and operational due diligence and an important tool for risk management and value creation in investment decisions.

NSW Court of Appeal confirms good faith is essential for statutory derivative actions under s237(2)(b) of the Corporations Act 2001.

Intangible assets, such as data, brands, intellectual property, confidential information, software, relationships, etc.

Some of the key considerations and pitfalls when starting your commercialisation journey.

If Australia is serious about supporting innovation through venture capital, we need to improve our insolvency rules.

Private business owners should think about their eventual exit, if they want to get the most out of what they put in.

Yesterday, in "Mighty River" the High Court of Australia gave reasons for its decision that a DOCA which contemplated a potential restructure of a company and allowed further time for investigations into its affairs.

While you were ringing in the new year, governments were ringing in new laws.

Most prospective franchisors assume that if the business is profitable, it can be franchised. The profit-and-loss statement is healthy, the margins look sound, and the next step feels natural. What this overlooks is that franchising does not simply share the existing profit, it restructures it.

Failure by the company management to provide for the safety of the community when visiting the centre was a key reason.

Listed companies are required to hold their Annual General Meeting within five months of the end of the financial year.

The Bill proposes a new test for dividends which may necessitate changes to a company's constitution and board policies.

All business owners, whether considering sale in the short term or not, should undertake a legal due diligence process.

This Determination aims to reduce the risk of the public being misled by identical or nearly identical business names.