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Corporate Structuring Blog - Business Law Today

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What are the duties of a director of a company in Australia? The laws in relation to the duties of directors in Australia are contained in the Corporations Act 2001 (Cth) ( the Act ). The laws in relation to the duties of directors are designed, amongst other things, to promote good governance and limit possible conflicts of interest between directors and their companies, thereby seeking to prevent directors […]. Continue Reading ». Why set up a company? Continue Reading ». Business Law Update for 2014.

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What are the duties of a director of a company in Australia?

http://www.businesslawtoday.com.au/corporate-structuring/duties-of-a-director-company-australia

What are the duties of a director of a company in Australia? What are the duties of a director of a company in Australia? The laws in relation to the duties of directors in Australia are contained in the. Cth) ( the Act ). Section 180 of the Act also incorporates a business judgment rule , whereby a director must:. Make the judgment in good faith for a proper purpose;. Not have a material personal interest in the subject matter of the judgment;. Re City Equitable Fire Insurance Co Ltd. The standard of ca...

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Can a bullying claim continue after a worker has been sacked?

http://www.businesslawtoday.com.au/employment-law/bullying-claim-continue-after-worker-sacked

Can a bullying claim continue after a worker has been sacked? Can a bullying claim continue after a worker has been sacked? In a recent case, the Fair Work Commission decided that although sacked workers’ anti-bullying claims are likely to fail, it may be appropriate to hold such claims “in abeyance” if the worker is “actively” contesting their dismissal. The employer asked the Fair Work Commission to throw out the bullying claim, arguing that:. The worker was no longer an employee;. The Fair Work Commis...

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Angelo Venardos | Business and Corporate Litigation Lawyer Brisbane - Business Law Today

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Archives for Angelo Venardos. Angelo Venardos is a Special Counsel at Ferguson Cannon Lawyers and a part of the Business and Corporate team. Since being admitted to practise law in 1991, Angelo has practised in the private, public and not-for-profit sectors and, in doing so, gained an exceptionally diverse range of experience and expertise. Within the private sector, Angelo has acted in many complex disputes and transactions for a broad range of clients. Unfair Dismissal is no child’s play. It is often t...

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RKC v JNS QSC 313 - Statutory Will - Australian Estate Law

http://www.australianestatelawtoday.com.au/wills/rkc-v-jns-2014-qsc-313-statutory-will

RKC v JNS [2014] QSC 313 – Statutory Will. RKC v JNS [2014] QSC 313 – Statutory Will. On 17 December 2014, Justice Philippides of the Supreme Court of Queensland, in RKC v JNS [2014] QSC 313. Authorised a statutory will on behalf of a minor pursuant to the court’s powers under the. What is a statutory will? A statutory will is a will made or authorised by the court on behalf of an individual who lacks capacity to make their own will. What happened in RKC v JNS [2014] QSC? If SKC had of passed away intest...

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Ownership of property in estate planning - why does it matter?

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Ownership of property in estate planning – why does it matter? Ownership of property in estate planning – why does it matter? When taking instructions for preparation of Wills, I often find that clients want to give their house/property as a gift to a certain beneficiary. While this can be a noble gesture, the ownership structure of the property can be crucial as to whether or not, or how, the gift will take effect. Property owned with someone else – joint tenants or tenants in common. The other share or...

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SMSF Succession Planning - Australian Estate Law Today

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I recently read the case. With interest. This case addresses a number of issues which need to be taken into consideration when devising a succession plan for your SMSF. Facts of Ioppolo v Conti. In summary the facts of. Mr and Mrs Conti were the individual trustees and members of their SMSF;. Mrs Conti had several children from a previous relationship. Mrs Conti’s will stated that her superannuation entitlements were to be paid to her children;. The case raises a few issues that I see raised regularly:.

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Chloe Kopilovic | SMSF and Business Lawyer - Australian Estate Law Today

http://www.australianestatelawtoday.com.au/author/ckopilovic

Archives for Chloe Kopilovic. Chloe is a lawyer practicing in business and corporate law and succession law (wills and estates). In the business and corporate area, Chloe focuses on corporate structuring, asset protection, corporate governance, smsf compliance and mergers and acquisitions. In the area of succession (wills and estates), Chloe focuses on estate planning, administration and litigation. Estrangement – are you in or are you out? Read More →. Read More →. Read More →. Read More →. When you die...

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Does an Executor have to conduct a “reading of the Will”?

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Does an Executor have to conduct a reading of the Will? Does an Executor have to conduct a reading of the Will? I am often asked by new enquirers whether the Executor of an estate. Has a duty to hold a reading of the Will where the deceased’s family and friends are gathered together and the deceased’s Will is then read aloud. Although scenes such as these are played out in numerous American movies, there is no requirement to have a reading of the Will in Australia. A person who would be eligible to apply...