When selling property, the contract of sale typically dictates certain tasks that a vendor must undertake prior to settlement. In the recent matter of Namrood v Ebadeh-Ahvasi, the vendor was contractually required to remedy damage from works done to the property and comply with other outstanding council notices before settlement (‘completion’). The contract also contained […]
COVID-19 CRISIS: CREDITOR’S STATUTORY DEMANDS – COURT DECISION POTENTIALLY CATASTROPHIC FOR CREDITORS.
In the current COVID-19 climate, with so many businesses facing hardship and insolvency, many businesses and individuals are looking for ways to recoup monies owed and keep their own businesses afloat despite the downturn in their debtor’s sectors
Can I get paid now? The Pros and Cons of the proposed Insolvency Amendments in response to the COVID-19 Crisis
In order to combat what would seem to be a quick snatch and grab at debts, the Federal Government has announced as part of its stimulus package, that it proposes to make temporary changes to Australia’s insolvency laws to seek to combat and/or alleviate the impact the COVID-19 outbreak continues to have on individuals, businesses and significantly, the economy.
How could the COVID-19 Crisis affect real estate in New South Wales? These unprecedented circumstances create many concerning and uncertain issues of which to be aware of.
The Board of Madison Marcus is delighted to announce the promotion of Michael Mournehis to Associate in our Commercial Litigation team.