We can help you buy or sell a residential or commercial property anywhere in Australia. Leasing contract services included.
ForumLaw provides legal services and contract work for any type of business transaction from business registration to succession matters.
We'll help make your project a success, from setting up & revising contracts and agreements to tracking sales & leases in multiple-strata unit projects online!
Choose a package that suits your needs. We then maintain constant legal watch of your business.
Take control of your assets today. Contact ForumLaw to arrange a new Will or review any existing arragements in place.
Stay in touch with how the law affects you! Subscribe to our
During the 2011–2012 financial year reports lodged with the Australian Securities and Investments Commission have indicated that small to medium corporations remain the most likely to go insolvent. Most of the companies that went insolvent during the last financial year had assets of $100,000 or less and many had less than 20 employees. The insolvencies mainly occurred in corporations offering business and personal services, construction and retail. Many of the failures of small to medium corporations have been attributed to poor strategic management, high cash use or low cash flow and trading losses. Where there had been misconduct in the operation of the corporation this was most likely to be insolvent trading, breach of director’s duties of care and diligence and failures to keep financial records.
The reports collected by ASIC from external administrators show that small and medium corporations may not be receiving the advice they need to avoid misconduct.