What does it mean to be a guarantor? A guarantor promises a lender that if the borrower fails to repay a loan or breaches the loan agreement, the guarantor will meet those obligations....
Being asked to guarantee a loan for a family member, friend or your own business can seem like a simple formality. In reality, it is one of the most significant financial commitments you can make. If the borrower cannot meet their obligations, you may become...
The Federal Court of Australia has delivered a further judgment in the ongoing ASIC proceedings concerning ALAMMC Developments and associated entities. While the decision in ASIC v ALAMMC Developments Pty Ltd (No 3) [2026] FCA 725 deals with a procedural funding issue, it is highly...
What is a statutory demand and how do you usually serve them? A statutory demand (“demand”) is a formal notice to a company, issued by a creditor requiring payment of a debt. Under section 109X of the Corporations Act 2001 (Cth), service would usually be provided by...
Valentina from our Commercial Team is known for her prompt communication, expertise, and unwavering commitment to getting things done—providing real relief to clients during what can often be a stressful process. Here’s what one of our clients had to say about their experience working with...
A Disclosure Statement summarises the key terms of the proposed lease and outlines the tenant’s obligations and potential risks associated with the premises. It commonly includes details about: the landlord and tenant; the premises and permitted use; the lease term and any options; rent and rent review provisions; estimated outgoings payable...
A Disclosure Statement is one of the most important documents in a retail leasing transaction. Under the Retail Leases Act 1994 (NSW), landlords must provide a Disclosure Statement to a proposed tenant before they enter into a retail shop lease. The purpose of the document is...
When a business is under financial pressure, resigning as a director can feel like the quickest way to step away from the stress. However, many directors are surprised to learn that resigning does not automatically remove responsibility for issues that arose while they were in...
‘Whilst litigants are entitled to seek the intervention of the courts to adjudicate in business and other disputes that cannot be reasonably settled in any other way, sometimes the best advice a lawyer can give a client is not to take that course. This is...
All Australian residents selling or disposing of Australian real property must have a clearance certificate and give it to the purchaser at, or before settlement. ...