Many businesses sensibly adopt the practice of making a phone call to verify bank details before making a large funds transfer. The consequences of failing to do this were illustrated in a recent case in the District Court of Western...
We are proud to announce that our Managing Director, Grant Pestell, has been recognised by Doyle’s Guide as one of Western Australia’s leading lawyers in Technology, Media & Telecommunications for 2024.With close to 30 years of experience, Grant has built...
The Insolvency Practice Schedule (IPS) in schedule 2 of the Corporations Act 2001 (Cth) permits the creditors of a company subject to external administration (as that term is defined in the IPS) to pass a resolution which appoints a Committee...
On 9 October 2024, the Australian Federal Government introduced into Parliament a Cyber Security Legislative Package 2024 comprising the:Cyber Security Bill 2024 (the Bill); Intelligence Services and Other Legislation Amendment (Cyber Security) Bill 2024; and Security of Critical Infrastructure...
Section 30 of the Bankruptcy Act 1966 (Cth) is a provision of wide import and broad application. It permits the Court to make such orders as the Court considers necessary for the purposes of carrying out or giving of effect...
MPH is proud to have sponsored the MADALAH Youth Leadership Summit once again in 2024.The annual Summit empowers student leaders from the MADALAH cohort, aiming to build their leadership skills while fostering connections with fellow Aboriginal and Torres Strait Islander...
With the 2024 AGM (Annual General Meeting) season under way for public companies with a financial year ending 30 June, it is important to ensure compliance with key regulatory requirements and careful attention to the legal and procedural developments is...
An article on ‘Good Leaver’ and ‘Bad Leaver’ provisions in Shareholders’ AgreementsA Shareholders’ Agreement is a crucial document that outlines the rights and responsibilities of shareholders (and at times directors) within the subject company. It helps to establish a framework...
In the recent Federal Court decision of Specialised Welding Australia Pty Ltd v Disselkoen [2024], legal principles concerning secured creditor rights, contingent claims, and the effect of a deed of company arrangement (DOCA) on security interests were examined.The key issue...
In 2020, the Australian Government implemented the Enhanced Regulatory Sandbox Regime (Sandbox) to enable the testing of innovative financial services and credit activities without licences for 24 months from the time of entry into the Sandbox. The Sandbox is intended...