Ownership of a fitout for a business tenant can be confusing at the end of their lease, but some general principles apply.

In February 2014 we discussed the Federal Court's decision in Paciocco v ANZ. On 8 April 2015 the Full Federal Court overturned this decision.

Recent amendments to the Building and Construction Industry Security of Payment Act 1999 seek to ensure that retention monies held by head contractors and owners of building projects will be quarantined and not vulnerable to "disappearing acts".

Accepting an appointment as company director may be considered by some to be a ticket to an enhanced reputation and status in the business community. In reality it bears serious obligations, some of which can extend to personal liability for the director.

If you would like to discuss any of these issues or if you require any legal advice or assistance please contact us at Forum Law on +61 2 9560 3388 or email us.