If you have money owed to you by a company (not an individual), issuing a creditor’s statutory demand can be a quick means of debt recovery. By serving a statutory demand, the debtor company has 21 days to either pay the debt, come to a satisfactory arrangement with the creditor, or make an application to…
Find out moreNicholson Ryan Lawyers are delighted to announce that associate, Veroshan Sripragasan, has been shortlisted as a finalist in the Mergers & Acquisition category of this year’s Lawyers Weekly 30 under 30 Awards. Lawyers weekly 30 Under 30 is Australia’s largest independent awards program that recognises excellence in young lawyers – those that are raising the bar on…
Find out moreLeath Nicholson (Principal) and Veroshan Sripragasan (Associate) were recently interviewed for the podcast Trench Talk hosted by Matt Reynolds. On the podcast, they discussed a range of topics including the regulatory framework regarding blockchain and cryptocurrencies, mergers and acquisitions and the involvement of lawyers in pursuing business growth. You can listen to Leath and Veroshan chat all…
Find out moreLeath Nicholson, Director
Nicholson Ryan Lawyers is pleased to welcome new Director Lee Mitchell to the firm. Lee has over 22 years’ experience in corporate and commercial law gained with international, national and boutique law firms including 12 months as in-house counsel at ExxonMobil and 2 years as a Partner with Middletons (now K&L Gates LLP) Lee’s…
Find out moreAndrew Bini (Principal)
Many commercial contracts contain clauses which entitle a party to terminate the contract or exercise other contractual rights where the counterparty suffers an insolvency event (such as the appointment of a voluntary administrator or receiver or the entry into a scheme of arrangement with creditors). That is, by the mere fact itself (“ipso facto”) that…
Find out moreAndrew Bini (Principal)
Since 12 November 2016, the unfair consumer contracts terms regime in the Australian Consumer Law (ACL) has also regulated unfair terms in small business contracts. In essence, if a term is found to be unfair it is void. In this article we describe how these laws apply to consumer and small business contracts. Consumer and…
Find out moreLeath Nicholson (Principal) and Andrew Bini (Principal)
On 19 January 2018 AMA Group Limited (ASX : AMA) announced the successful completion of its takeover of Automotive Solutions Group Limited (ASX : 4WD). The takeover was achieved by way of a conditional off-market bid for all of the shares in 4WD. The takeover was initially launched as on-market takeover bid, which was announced…
Find out moreLeath Nicholson (Principal) and Veroshan Sripragasan (Solicitor)
With most mergers and acquisitions (M&A), there is a commercial risk that some fact, matter or circumstance might be uncovered once the deal has completed which, if known from the outset, would likely have caused one party to reconsider the terms on which the deal was to be consummated. As lawyers, we help manage this…
Find out moreShannon Ryan (Principal) and Andrew Tsirikis (Solicitor)
Legislation governing the crowd-sourced funding (CSF) regime for public companies is now in full effect with the following checklist being designed to assist those companies navigate their way through this process. Eligible companies To engage in CSF, your company must: (1) be an unlisted public company limited by shares with assets and annual revenue caps…
Find out moreShannon Ryan (Principal) and Will Kiernan (Solicitor)
Managed investments schemes are versatile investment structures which can be used to manage trusts (including cash management, property and equity funds) and a variety of other collective schemes (including agriculture, timeshare, mortgage, strata title or even film funds). Regardless of the investment, the key components of any managed investment scheme (‘MIS’) are that: (a) people…
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