Significant Investor Visa
The Australian Government will introduce the Significant Investor Visa on 24 November 2012. The visa is designed to attract overseas investment and provide a streamlined pathway to permanent residence in Australia for business people from around the world. It is expected that key elements of the Significant Investor visa will include:
An investment of at least A$5 million
The investment must be made into either or all of the following complying investments:
1. State or Territory government bonds
2. Australian Securities and Investment Commission (ASIC) regulated managed funds with a mandate for investing in…
Staking Your Claim to a Business Domain
Domain names are the web addresses that link internet users to a particular website. Successfully registering one or more domain names relevant to a company has become critical to establishing a strong business reputation and online presence.
Domain names have become akin to the front door to businesses and the equivalent of a direct line of communication between businesses and customers. The use of websites varies between industries but consumer and client recognition of a domain name is now an integral part of establishing trust between a business and its target market.
Cybersquatting And Competing For A…
READ MORECan Liquidators Extinguish a Tenants Lease?
Can a liquidator of a landlord disclaim lease agreements with the effect of extinguishing the tenant's interest in the land?
The short answer appears to be "yes", according to the Court of Appeal's recent decision Willmott Forests Ltd (Receivers and Managers appointed)(in liquidation) v Willmott Growers Group Inc and Willmott Action Group Inc [2012] VSCA 202 ("Willmott") which overturned an earlier decision by Davies J of the Supreme Court of Victoria.
Background
The landlord and tenants in Willmott were parties to a network of complex tax-driven arrangements. The project documents included some long term leases giving…
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