Accolade Lawyers in North Strathfield | Corporate lawyer

Accolade Lawyers

Locality: North Strathfield

Phone: +61 481 754 888

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25.01.2022 Something that we always do when we are dealing with estate matters is checking the Unclaimed Funds Register for any unclaimed money by the deceased. Unclaimed money is money from lost bank accounts, shares, investments and insurance policies. Although there are many reasons for money being lost, the main reasons are when you change addresses or simply forget about a bank account/financial investment/ insurance policy. The relevant institution at that point will then hand o...ver the funds to the government who will hold on to it until it is claimed by the rightful owner. Currently, there is over $1.1 billion dollars in unclaimed funds. If you do search the register and find that you have unclaimed funds, you will then need to follow the procedure to claim your unclaimed funds. You may or may not have unclaimed funds, but it is a free and simple search that may uncover funds that you have forgotten about. The relevant link to the register and more information about the procedure to claim unclaimed funds is here https://moneysmart.gov.au/find-unclaimed-money

22.01.2022 We have summarised the proposal by the Government regarding Residential, Retail and Commercial Leases.

20.01.2022 Relocation announcement We are excited to announce that from today we are moving to a new, slightly bigger office. We are still easily accessible at the new office located at ... "Level 1, 5 George Street, North Strathfield NSW 2137" (next building). All other contact details will remain the same. The first year has been a busy one and we look forward to the new office helping to meet your expectations.

20.01.2022 We have summarized and explained what The COVID-19 changes impacting Retail and Commercial Leases, mean to you. #covid_19 #coronavirus #covid19

19.01.2022 Purchasing your first property is an exciting, but frightful experience. You need the correct advice at the right time to make a decision. Accolade Lawyers aim to assist First Home Buyers by providing the information they require to purchase their first property. Normally, we advise our clients before they begin looking for a property so they are prepared and can avoid the pitfalls of the property market. In this post, we have summarised the eligibility requirements for the ...First Home Loan Deposit Scheme and will be providing future posts assisting First Home Buyers. If you require advice regarding the FHLDS or with the purchase of a property, contact us today to receive the correct advice for your circumstances.

14.01.2022 Almost half of the Australian population have not planned ahead for their own future, dont be part of this unfortunate statistic. Contact us today to plan for tomorrow.

10.01.2022 We have put together five common things that we advise our First Home Buyers when they are purchasing their first property. Accolade Lawyers aim to assist First Home Buyers by providing the information and guidance they require to purchase their first property and avoid the pitfalls of the property market. If you are thinking of purchasing property, contact us to receive the advice and support you need to make an informed decision.

09.01.2022 We are starting to receive inquiries regarding businesses experiencing financial difficulties for various obligations and we are assisting our clients with the best way forward. Recently the Government has considered temporary relief measures to assist businesses and individuals experiencing financial difficulties during the COVID-19 crisis . These temporary amendments assist debtors to avoid liquidation or bankruptcy and are as follows:... 1. In relation to companies, the Statutory Demand threshold has been increased from $2,000 to $20,000.00. The response time to a Statutory Demand has been increased from 21 days to 6 months. This will apply for the next 6 months with potential to extend and increase further. 2. In relation to individuals, the minimum amount to proceed with bankruptcy proceedings has been increased from $5,000 to $20,000. The response time for a bankruptcy notice is also increased from 21 days to 6 months. This will apply for the next 6 months with potential to extend and increase further. 3. Where a debtor wishes to enter into voluntary bankruptcy, the protection period (whereby creditors are prohibited from taking further action against the debtor) has been temporarily extended from 21 days to 6 months. This will also apply for 6 months with potential to extend and increase further. 4. In relation to insolvent trading, directors will be temporarily relieved of their duty to prevent insolvent trading with respect to any debts incurred in the ordinary course of the companys business. This will be relaxed for a period of 6 months to promote confidence between businesses to continue trade. However, this excludes fraud, dishonesty and criminal matters. Any debts incurred by the company will still be payable. These changes are expected to help those who are experiencing financial hardship to consider their options and repayment arrangements where possible. The relevant Act detailing all amendments to relevant legislation including further relief is found here https://www.legislation.gov.au/Details/C2020A00022 . Please share this around so businesses and individuals are aware of these temporary changes. If you require legal assistance during these difficult times, contact us on 0481 754 888 or [email protected]

02.01.2022 With the skyrocketing car market, certain vehicles which were once the family sedan, hatchback or the mighty AU falcon have now become highly desirable and collectable vehicles. However, we still approach the purchase or sale of these vehicles as though they retain their nominal value. In this article we discuss what can occur when it all goes wrong and you're out of pocket $110,000.00. Specifically, we join Mr Walker in his journey through the court system to claim back the amount of $110,000. We have also indicated a few points that a vendor and purchaser need to keep an eye out for when entering the car market.

02.01.2022 At the start of 2021, we started to participate in the Cancer Council Pro Bono Program, which helps people affected by cancer access free legal, financial, small business and workplace advice if they are unable to access these services due to financial hardship. Since joining the program, we have already begun providing pro bono legal assistance to people affected by cancer in our community. Our immediate provision of legal assistance indicates the need for this service and ...that more professionals should join the program to keep up with demand. If you also wish to participate in this program please follow this link. https://www.cancercouncil.com.au/get-supp/pro-bono-program/

01.01.2022 COMMERCIAL AND RETAIL LEASES After all the hype, why isn't the commercial/retail landlord/tenant negotiating the rent in good faith? Over the last few months, we have been subjected to media conferences, stories and articles about serious discussions between ministers of the Federal Government. After multiple meetings and strong rhetoric by the Government, some landlords and tenants still refuse to negotiate in good faith.... In fact, the manager for one of the largest landlords in Australia, sent out a letter to their tenants reminding tenants of their obligations. Tenants at the premises of that landlord floated the idea of closing their respective businesses in an attempt to protect their staff members and customers. The Landlord found out and promptly produced a letter to the tenants reminding them that if they were to close their premises, they would be breaching their obligations under the Lease. This move left the tenants confused that if they were to protect their staff members and customers, they would lose their premises. It is not only some landlords refusing to engage in good faith, but also some tenants, who possess a stronger bargaining power, are refusing to pay rent. We were contacted by a landlord of a property in a small country town who is afraid that if they evict the tenant (who has decided not to convert their cafe to take-away only but instead opted to not pay rent) they may not find a replacement tenant. So why are some landlords/tenants not following the code? The confusion lies in the fact that, although there was a National Cabinet meeting which came up with the 14-point National Cabinet Mandatory Code of Conduct, this has not yet been enforced. The code makes it clear that it is up to the states to enforce these Mandatory Codes of Conduct. New South Wales has set up the mechanisms required to make the laws applicable (as I have previously discussed), but has not yet enacted specific legislation to enforce the Mandatory Codes of Conduct. As of today, obligations and rights under a Commercial or Retail Lease remain as they were before the COVID-19 pandemic had started. We anticipate that the delay in producing this legislation is due to the complexities that need to be addressed by the legislation. if you are having lease issues, contact us on 0481 754 888

01.01.2022 This case serves as a notice to all purchasers and agents to ensure compliance with the contract terms and to always confirm emails and correspondence regarding payment details.

01.01.2022 We delve into the issues that can arise when persons enter legal matters without the appropriate advice and how investing in legal advice at the right time saves time, money and effort.

01.01.2022 On Wednesday 15 April 2020, the NSW Government introduced regulations (Residential Tenancies Amendment (COVID-19) Regulation 2020) amending Residential Tenancy Laws giving tenants impacted by COVID-19 confidence that they will not be easily evicted from their premised due to inability to pay rent. The relevant regulation can be found here https://www.legislation.nsw.gov.au/regulations/2020-147.pdf. Landlords will need to jump over a few hurdles before a Termination Notice or ...Continue reading