The recent decision by the NSWCA in the matter of Cooper v The Owners – Strata Plan No 58068 [2020] NSWCA 250 (“Cooper”) has again confirmed that by-laws in strata schemes has purposive limits and cannot be harsh, unconscionable or oppressive. In this matter a blanket...
Edge Legal Group News & Blog
Effective Cause. Is an introduction enough?
16 September 2020 Roelof Stols, Consultant What constitutes “effective cause” in a sale of real property sale and an entitlement to commission? Is a mere introduction enough? The New South Wales Court of Appeal handed down judgement early in September 2020 in an...
Terminating and avoiding termination of commercial leases during Covid-19
12 August 2020 Roelof Stols, Consultant In NSW, in response to the issue of the National Cabinet’s principles and mandatory leasing code of conduct to govern the intervention to aid commercial tenancies in financial distress due to the economic impacts of Covid-19,...
Restructuring
Restructuring your Business post Covid-19 It is always appropriate to consider restructuring your business, but now more than ever! As a business grow and or legislation change it may be advantageous to consider restructuring. Your starting point should be your...
BEWARE, you do not need to be a director of a corporation to be held accountable as an “officer”
After the matter of ASIC v King & Anor [2020] HCA 4 ASIC Commissioner John Price noted that:"... sends a clear signal to anyone running a company- in name or effect-that they should be responsible and held accountable for their actions."If you are involved in...