How do Cease and Desist Letters Work?
A cease and desist letter is a letter sent to a party putting them on notice of some infringing conduct and demanding that they stop or face legal action. ThereRead More
What is a Purchase Money Security Interest (PMSI)?
The Personal Property Securities Act 2009 (Cth) (PPSA) establishes a regime for secured parties to protect their security interests, and resolve priority disputes. Secured parties should register their interests onRead More
When are Heads of Agreement Enforceable?
A Heads of Agreement (HOA) is a pre-contractual document that sets out the key terms of a proposed agreement between parties. It sets out a framework for the parties toRead More
What Happens to Shares when a Shareholder dies?
When a person dies, their estate includes their assets such as shares. What happens to these is usually decided by the will of the deceased. It can be more complicatedRead More
What is a Private Company?
A private company is a company registered under the Corporations Act 2001. It exists as an entity separate from the owners and is privately owned. To be considered a privateRead More
What is the Difference Between Redundancy and Severance Pay?
Termination is a difficult process for both employers and employees. Employees may be entitled to a payment from their employer upon termination. The two usual payments are redundancy and severanceRead More
What is the Difference Between Ordinary Shares and Preference Shares?
Selling shares is an effective way to raise capital. Businesses interested in doing so must consider whether they want to issue ordinary shares or preference shares. There are many differencesRead More
