31 December 2020 Deadline for Amending Discretionary Trusts Which Hold Residential land in NSW

If a discretionary trust (therefore a special trust) holds residential land in New South Wales the trust will be liable for additional land tax and stamp duty purchaser stamp duty if any one of the potential beneficiaries is a foreign person. To avoid these additional charges a discretionary trust needs [...]

2020-12-17T09:39:19+11:00December 17th, 2020|Categories: Commercial, Property|Tags: |

COVID-19 Newsletter Update

From a legal perspective, the COVID-19 virus has raised substantial questions in relation to a range of issues across multiple sectors of industry. Some of those issues relate to insurance and the impact on contractual obligations under leases, building contracts, property transactions and supply contracts, cyber-security, employer-employee relations, the privacy [...]

2020-03-20T08:17:51+11:00March 20th, 2020|Categories: Commercial|Tags: , , |

Court Puts the Brakes on Ultra Tune

By a decision of the Federal Court on 18 January 2019 by Justice Bromwich[i] national franchisor Ultra Tune was ordered to pay fines totaling $2,604,000. The fines (known as pecuniary penalties) sought by the ACCC and awarded by the Court were for various breaches of the Franchising Code of Conduct (Code) [...]

2019-03-21T15:24:50+11:00March 21st, 2019|Categories: Commercial|Tags: |
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