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...
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...
Please note Solari and Stock will be closed from 5pm on Thursday 2nd April and will reopen at 9am on Tuesday 7th April. We wish our clients a safe and happy easter break and look forward to seeing you on our return. Should you wish...
A court decision has highlighted an important risk for landlords offering incentives to tenants as part of a lease. In GWC Property Group Pty Ltd v Higginson & Ors [2014] QSC 264, the court found that a landlord could not recover lease incentives it had previously...
When a commercial or retail tenant in New South Wales stops paying rent, the financial and operational impact can be significant. While it is important to respond quickly, it is equally important to follow a careful and legally compliant process. Taking the right steps from...
The New South Wales Court of Appeal decision in Zong v Lin [2022] NSWCA 136 is a clear reminder of why properly drafted shareholders’ agreements are critical—particularly where one party controls the company’s day-to-day operations and finances. The case involved two business partners, Mr Jason Zong...
Please note that our office will close at 1pm on Tuesday 22nd December 2025 and will reopen at 9am on Monday 5th January 2026. ...
If you are looking at buying a business, you have probably come across two main structures: an asset sale or a share sale, so what is a share sale agreement? ...
If you are looking at buying a business, you have probably come across two main structures: an asset sale or a share sale. A share sale agreement involves purchasing the shares of a company, meaning you take over the company as it exists — including its...