by Quinns Blog | Jan 29, 2020 | Blog
A business can be sold for the purposes of enterprise or equity. Typically, a greater risk equates itself with equity sales as opposed to enterprise sales. The reason is that acquiring the shares enhances the likelihood of contingent claims. These claims, notably...
by Quinns Blog | Jan 22, 2020 | Blog
In October last year, the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2019 came into effect to target illegal phoenixing. Its’ rationale was to reduce ‘phoenix activity’, (where a deliberately liquidated company creates a new company in order to...
by Quinns Blog | Jan 22, 2020 | Blog
The recent Corporations Amendment (Proprietary Company Thresholds) Regulations 2019 increased the thresholds for determining whether a company is a large or small proprietary company for a financial year. This is an important alteration to the previous regulations,...
by Quinns Blog | Jan 15, 2020 | Blog
A restraint of trade in an employment contract refers to a clause applying typically when an employee leaves a business or company; it applies to post-employment. Essentially, it is an agreement that an employee will not do certain things against their employers’...
by Quinns Blog | Jan 15, 2020 | Blog
In late October last year, a law was ratified to allow the Australian Taxation Office (ATO) to disclose the tax debt information of businesses to registered credit reporting bureaus (CRBs). Notably, the legislation enables the ATO to only divulge tax debt information...
