In summary, a PAF can acquire an asset from the founder (or associate). However, the transaction must be consistent with the PAF’s Investment Strategy and entered into (and maintained) on an arm’s length commercial basis.
​​Unfortunately, in the course of your employment, things won’t always go your way. Although you might have worked incredibly hard throughout your career to reach an executive position, sometimes a business will undergo organisational changes which mean that they offer you a redundancy. You may feel hard done by in these circumstances, but it is important to understand your entitlements, and the limitations of your circumstances.​
In our experience, most people in a genuine negotiation will easily find common ground if they remain engaged in a process of communication and discovery. The phrases ‘industry standard’ (aka ‘I will not rationally justify this position’) and ‘non-negotiable’ (aka ‘that’s the end of the conversation on this issue’), represent the amateur approach.
No one likes to think about getting sick or injured, but it’s important to be prepared for the unexpected. That’s why having a legally valid Advance Care Directive (ACD) in place is a smart move.
When someone dies there are things that must be done immediately and things that may take 12 or more months to action and resolve. Who does these ‘things’ and what are they? In many cases it is the executor of the deceased’s Will who must act. Usually, the executor is a family member or members, a friend, a professional or a combination of the above. The Will maker has chosen you because you have the skills and experience to occupy that role, have a vested interest in administering the estate or you are a trusted relative or friend.
VAD is a pathway that adults can access if they have an incurable, advanced, progressive and terminal illness, disease or medical condition.Â
Redundancies come with a unique set of rules that must be followed carefully. Failing to do so puts employers at risk of facing an unfair dismissal claim from their employees. Get informed and protect your business by following these steps.
Generally speaking, the contents of a Will are private and are not able to be disclosed without the testator’s authority until after they have died. However, there are some circumstances where you might be able to get a copy of Will without waiting for it to be admitted to probate.
As the founder of an enterprise you must ensure that the legal entity you set up to exploit your business concept owns all of the IP associated with the concept. This includes the IP that is created directly on behalf of the company, but also any IP created by parties outside the company or in the time period before the company was formed.