Statutory Defences To A Liquidator’s Clawback Claims
When a company enters liquidation, liquidators are tasked with recovering funds to pay back creditors. One necessary part of this process involves clawback claims, which are legal actions brought by liquidators to retrieve payments or transfers made by the company before its insolvency. Clawback claims aim to recover assets that were improperly transferred or paid
Caveator Be Aware: Setting Aside Caveats
If you have unfortunately found yourself in the middle of a land dispute, it won’t be long before you turn to the voice of others for support. You will often hear people eagerly suggest, “Why not just register a caveat against their land…that will make them pay?” But is it really that simple? The answer,
How Do I Set Aside A Default Judgment?
If you’ve found yourself on the receiving end of a default judgment, it’s essential to understand your options and act quickly. While setting aside a default judgment isn’t always straightforward, it’s possible under certain circumstances, especially when you have the right guidance.
In this blog post, we’ll explain default judgments, their financial consequences,
Circumstances Where A Court May Set Aside A Statutory Demand
Where a debtor company has failed, neglected or refused to pay a debt, the creditor may well suspect that the debtor company is unable to pay its debts as and when they fall due, as the debtor may be insolvent. In the circumstances, a statutory demand is a powerful tool creditors can use to compel
Breach Of Commercial Contract Explained — What Business Owners Should Know
From construction operations to large-scale manufacturing corporations, commercial contracts are the backbone of business relationships, ensuring that agreements between parties are clear and enforceable. These commercial contracts cover various aspects, from the supply of goods and services to complex distribution and manufacturing agreements.
In this blog, we’ll outline the common reasons for disputes