Ross & Julia Koffel, of Koffels Solicitors & Barristers in Sydney, are very much looking forward to heading States side, and getting together with colleagues at the IR Global On the Road in Chicago this July. The US market is a robust one in Australia, with a number of set-ups achieved by the firm over […]
In IR Global we attract a multi-facetted clientele with interests around the world. If your Family Law client is in the process of a property settlement with assets in Australia, we can assist. We resolve sophisticated Family Law settlements for high nett worth individuals, including post settlement advice as to sale of property, preservation of […]
Ross Koffel is back at work in Sydney after the On The Road conference in Tokyo with new furnishings for the office. Who knew that when you sponsor an event, you get to take your banner home?! Thank you to all the team at IR Global for a great “On the Road” Conference. We were […]
Implementing the Corporations Amendment (Proprietary Company Thresholds) Regulations 2019 The Australian Government requires all “large” companies and foreign-controlled companies to prepare and lodge audited financial statements with the Australian Investment & Securities Commission (ASIC). Generally, the majority of Australia companies are not required to prepare and lodge audited financial statements. Documents lodged with ASIC are available for public scrutiny (for a […]
The Use of Suppression Orders and Pseudonyms in Historic Child Sexual Abuse Cases A common barrier to seeking compensation for people who have suffered sexual abuse as a child in institutional settings is a sense of fear. Additionally embarrassment or shame occur at the prospect of being identified as a victim/survivor of child sexual abuse. […]
Former South Australian School Teacher Jailed for Abusing Students Stephen John Hamra, a former primary school teacher at St Ignatius College and Christian Brothers College in South Australia has been found guilty of persistent sexual exploitation of a child and maintaining an unlawful sexual relationship with a child between 1977 and 1982. He was sentenced […]
Dry Kirkness values its position as leading chartered accountants in Perth, Western Australia. We recently hosted the monthly meeting for the WA State Council of Chartered Accountants Australia and New Zealand(CAANZ). We also had the opportunity for a face to face meeting with CAANZ Tax Leader Michael Croker FCA earlier in the day. Michael was […]
In the recent decision of Deputy Commissioner of Taxation v Ausmart Services Pty Ltd [2018] FCA 1912, the Australian Taxation Office (ATO) has been successful in their application to have provisional liquidators appointed for eight labour hire businesses after they entered liquidation or were deregistered without paying their outstanding tax liabilities. Scott Shi was the head of […]
In 2003, the Victorian Supreme Court considered the case of ASIC v Plymin, Elliot & Harrison [2003] VSC 123, in which it was found that a number of companies had traded whilst insolvent. As a result, the associated directors were liable to compensate the creditors $1.4 million for debts incurred in the insolvent period. The case […]
On 12 February 2019, the Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 was passed in Parliament, introducing a number of laws designed to improve the integrity of the Superannuation Guarantee system and pay as you go (PAYG) withholding tax compliance. Of the changes, the most significant include new penalties for employers who fail to comply […]
Recently, in The Matter of 1st Fleet Pty Ltd (in liq) [2019] NSWSC 6, the New South Wales Supreme Court offered guidance on the scope and operation of the Insolvency Practice Schedule (Corporations)(IPSC), which provides rules on when creditors can request and are entitled to recover specified information and documents from external administrators. On 22 May 2012, […]
Following an investigation into the affairs of Cap Coast Telecoms Pty Ltd, ASIC has charged a company director and two pre-insolvency advisers with dealing with proceeds of crime, alleging the trio were complicit in the removal of almost $750 000 in company funds. On 1 March 2019, the trio appeared in the Brisbane Magistrates Court […]