A creditor owed $4,000 or more can apply to wind up an Australian company. Here is how the process works under the Corporations Act, when it makes sense, and what risks creditors need to understand.
Most directors understand the fundamental principle: a company is a separate legal entity. The company carries the risk, not you personally. Except when it doesn’t.
The corporate trustee structure is one of the most common arrangements in Australian commerce and estate planning — a company is incorporated solely to act
Boss Lawyers is a boutique commercial litigation and insolvency firm based at Level 27, Santos Place, Brisbane. We are not the biggest firm in Brisbane.
Voluntary administration explained: understand the process, timeline, key decisions and options available under the Corporations Act 2001 (Cth). Practical guide for Australian directors and creditors.
When a Queensland homeowner hires a licensed builder and something goes wrong — the builder becomes insolvent, abandons the job, or refuses to fix defective
From 1 July 2026, Australian lawyers must verify the identity of clients and conduct due diligence on commercial transactions. Here is what Queensland business owners and directors need to know before the deadline.
Every Queensland business owner who enters a company with others is told to get a shareholder agreement. And they should. A well-drafted shareholder agreement is
From 1 July 2026 super must be paid every payday. For company directors the personal liability stakes under the DPN regime are changing fundamentally. Here is what Queensland directors must know.
When a debtor company fails, unsecured creditors frequently recover cents in the dollar — if anything at all. But creditors who have properly registered their
The ATO issued over 84,000 Director Penalty Notices in 2024-25 — a 136% surge. With 30 June approaching, learn what DPNs mean for your personal liability and the critical 21-day deadline.
Three major 2026 Corporations Act changes — mandatory sustainability reporting, the new ACCC merger control regime, and digital asset AFSL requirements — reshape director obligations in Queensland. A practical guide to what changed and what directors must do now.
