1680 results

Fed­er­al Court Deci­sion Lim­its Effec­tive Use of Set-Off in Con­trac­tu­al Annu­al Salary Arrangements

The Deci­sionIn a recent Fed­er­al Court deci­sion*, Jus­tice Per­ram held that while con­trac­tu­al set-off claus­es in an annu­al salary arrange­ment can be effec­tive for the sat­is­fac­tion of mod­ern award enti­tle­ments dur­ing a pay peri­od, they are inef­fec­tive between pay peri­ods. This is a sig­nif­i­cant lim­i­ta­tion on the prac­ti­cal use of con­trac­tu­al annu­al salary…

Cross-Com­pa­ny Secu­ri­ty and Liq­uida­tor Chal­lenges: Full Fed­er­al Court Restores Cer­tain­ty in CEG Direct Secu­ri­ties v Coop­er [2025] FCAFC 47

A sig­nif­i­cant deci­sion from the Full Fed­er­al Court has clar­i­fied the lim­its of liq­uida­tors’ pow­ers to unwind cross-com­pa­ny secu­ri­ty grant­ed to relat­ed entities.The deci­sion has re-enforced the com­mer­cial via­bil­i­ty of intra-group finance arrange­ments when prop­er­ly struc­tured and documented.In CEG Direct Secu­ri­ties Pty Ltd v Coop­er as liq­uida­tor of Run­tong Invest­ment and Devel­op­ment Pty…

The risk of builder insol­ven­cy mid way through a con­struc­tion project is real (and will prob­a­bly be expensive)

Intro­duc­tionThis arti­cle pro­vides guid­ance to those under­tak­ing con­struc­tion works and iden­ti­fies a num­ber of con­tract pro­vi­sions which, if includ­ed in the con­struc­tion con­tract, can assist a devel­op­er to iden­ti­fy and then man­age a builder insol­ven­cy event should it arise. All con­struc­tion projects come with risk (and reward)Some of the usu­al risks that imme­di­ate­ly come to mind include:Cost…

Press Release | New Asso­ciate Appoint­ment — Isabel­la Machin

With a dual back­ground in account­ing and law, Isabel­la brings a depth of com­mer­cial insight and exper­tise to the firm across a wide spec­trum of prac­tice areas. Her expe­ri­ence spans com­mer­cial trans­ac­tions, restruc­tur­ing, cor­po­rate gov­er­nance and com­pli­ance, reg­u­la­to­ry advi­so­ry, and dis­pute res­o­lu­tion. Isabella’s unique com­mer­cial acu­men and client-cen­tric approach make her a strong asset…