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Increasing Insolvency Activity in Australia
Increasing Insolvency Activity in AustraliaIn recent times, Australia has observed a significant uptick in insolvency activities, affecting both companies and individuals. This trend reflects broader economic pressures and highlights concerns regarding financial stability and credit risks in various sectors. Corporate Insolvencies Corporate insolvencies have seen a noticeable rise. The Australian Securities & Investments Commission (ASIC) […]
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Coronavirus Covid-19 Law
The pandemic reached Australia will have far reaching social and commercial side-effects that will present new legal issues. We have some experts recommending that the legal fallout from the government restrictions on commerce and businesses will last for years to come. The ‘Coronavirus Covid-19 Law’ that will evolve, we now predict, will become a fast […]
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Setting Aside Statutory Demands
If you receive a statutory demand [usually in the mail from a creditor], it is important that you contact a lawyer for advice quickly as there is a time-limit for denying the validity [called ‘setting aside’] that statutory demand. What is a Statutory Demand? A statutory demand is a letter with accompanying supporting documents that is sent […]
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