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Regardless of whether the proprietors of your business are your best mates, family or strangers, read below to understand more about the importance of business succession plans.
Any businesses with multiple owners whether in a partnership, company or unit trust should have a succession plan to take into account life’s vagrancies such as death, total and permanent disability, retirement, sale of interest and expulsion from the business.
Directors must comply with many duties and obligations when exercising their powers to control and manage a company.
There are significant penalties for Directors who fail to exercise these duties and obligations.
As has been reported widely recently, economic factors including inflation and increases in interest rates have significantly affected the market place relating to the sale and purchase of real property, particularly in relation to housing but also affecting the commercial and industrial sectors.
DIY Wills are readily available online, at your local newsagency and post office for a fraction of the cost. Many people may think that you can easily purchase a Will Kit, fill in the blanks and save yourself hundreds of dollars on lawyer’s fees.
The Labour Hire Licensing Act 2018 (Vic) (LHL Act) is still a relatively new piece of legislation. As such, there is still a high degree of uncertainty amongst business operators on whether the LHL Act applies to them, and how the LHL Act applies in practice.
Hear from the RNG Lawyers Property Law team discuss the process and issues involved when purchasing property as a place of residence or as an investment.
In Australia individuals and companies can protect ideas, brands and inventions, often referred to as Intellectual Property (IP), by registering them. It is very important that you understand the difference between a Trade Mark, copyright and a patent so that your IP is properly protected and accepted for registration.
The Victorian Government has outlined the vaccination requirements for all workers who wish to return to working in an office or public facing setting.
If you are a small business within the definition of the Small Business Fair Dismissal Code, it is very important that you are aware of the rules that govern your ability to dismiss an employee
RNG Lawyers Amanda Di Placido recently became an Accredited Family Law Specialist. Congratulations Amanda on this fantastic achievement.
Many married couples have a Will appointing each other as Executor and providing that in the event of their death, their spouse will inherit part, if not all, of their estate. Separation and divorce both have varying effects on your Will and it is important to update your Will immediately after you separate from your spouse.