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Directors' Key Duties & Obligations Handbook

Finlaysons is one of Australia’s most respected major commercial law firms. We are based in Adelaide, with an office in Darwin, and can trace our origins back over 150 years

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Finlaysons Commercial Law Team

Finlaysons is a leading independent commercial law firm with offices in both South Australia and the Northern Territory.

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COVID-19: Life Insurance Cover – Not as Easy as Just “Ticking a Box”

In light of the recent developments with COVID-19 and the risks it has generated to public health, individuals may consider obtaining or altering their life insurance cover. Consideration must however be given to any exclusion clauses and/or requests for genetic…

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COVID-19: Life Insurance Cover – Not as Easy as Just “Ticking a Box”

01/04/2020

In light of the recent developments with COVID-19 and the risks it has generated to public health, individuals may consider obtaining or altering their life insurance cover. Consideration must however be given to any exclusion clauses and/or requests for genetic…

“Safe Harbour” Laws – How can Directors’ Steer the Ship During Uncertain Financial Times?

01/04/2020

In challenging financial times, a company director’s role is fraught with difficult decisions regarding continued operations and the preservation of the business. These decisions may be influenced by the risk of personal liability to the director.

Outlined in, Directors’ Duties in Uncertain Financial Times, we canvassed the issues facing a director when the company’s financial viability comes into question. In particular, the penalties for directors trading the company whilst insolvent put directors at personal risk for…

COVID-19: Temporary Changes to Foreign Investment (FIRB) Approval Requirements

31/03/2020

On 29 March 2020, the Australian Government announced temporary changes to foreign investment approval requirements in Australia, for the purposes of protecting the national interest while the coronavirus outbreak puts intense pressure on the Australian economy and Australian businesses.

Effective immediately, all monetary thresholds that previously applied to foreign acquisitions have been reduced to $0, ensuring that all acquisitions that are subject to the Foreign Acquisitions and Takeovers Act 1975 (Cth) will require approval, regardless of the value of…