Taurus Legal Management | Legal

Taurus Legal Management

Phone: 0394812000

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22.01.2022 The recent Supreme Court decision of Sneakerboy Retail Pty Ltd v Georges Properties Pty Ltd provides guidance on how the Courts will interpret the COVID-19 Regulations.

21.01.2022 Can I delay delivery or terminate a contract due to COVID-19? In our latest article, our Director, Alex Martin, discussed your options. Should you wish to discuss an issue specific to you or your business, please contact our team at Taurus Legal Management on (03) 9481 2000 or at [email protected].

20.01.2022 This week the government announced an extension to the temporary relief for individuals and businesses impacted by COVID-19 until 31 December 2020. For individuals this means Bankruptcy Notices have increased from $5,000 to $20,000, with response times increased from 21 days to six months. For businesses this means Statutory Demands have increased from $2,000 to $20,000, with response times increased from 21 days to six months. There has also been a pause on director's personal liabilities. For further information on how this may impact you or your business, please contact the Team at Taurus on (03) 9481 2000 or by email at [email protected].

19.01.2022 Recent Successful Outcome: Taurus Legal Management was recently engaged by clients who had invested hundreds of thousands of dollars in a company a number of years ago. It was believed that their investment secured shares in the company. However, upon further investigation, this was not the case. Our engagement involved issuing proceedings in the Supreme Court and successfully receiving an order from the Court that the company produce their financial records in order to valu...e the shares. We’re pleased to have reached settlement for over one million dollars for the clients. This was a fantastic outcome for the clients and Taurus Legal Management. If you have a particular situation you would like to discuss, do not hesitate to contact our Team at Taurus Legal Management on (03) 9481 2000.

19.01.2022 Is it a redundancy? Or is it termination for poor performance? It is important you understand the differences when you are considering these options. In our latest video our Director, Alex Martin, discusses both of these common questions. If you would like to discuss this topic further or have a specific situation you need advise on, you can contact our team at Taurus Legal Management on (03) 9481 2000 or at [email protected].

18.01.2022 We're taking a little break. Wishing you all a safe, healthy and happy holiday season. See you in 2021!

18.01.2022 Just announced - Victorian Government's leasing update

18.01.2022 The Government has announced a wage subsidy for eligible employers to receive $1,500 gross per fortnight per employee with a view to those employers retaining their staff during the COVID-19 crisis. Legislation has not yet been approved by Parliament, however, employers who meet the below eligibility requirements should register their interest with the ATO. If you require further information or updates regarding the scheme and proposed legislation, please contact us.

16.01.2022 Our Director Alex Martin has penned a fantastic article on Shareholder Disputes. You can also call us on (03) 9481 2000 or email us at [email protected] to discuss an issue of concern you may have.

15.01.2022 The Government has just passed the legislation enacting the JobKeeper payment. Most businesses will need to show a 30% decline in GST turnover, however charities need only show 15% and businesses with likely income of more than $1 billion need to show a reduction of 50%. While the payments are to be passed on to employees, a business can also nominate one eligible business participant who is not an employee but is actively engaged in carrying on the business, such as a director or shareholder. Please contact us if you have any questions regarding the JobKeeper payment, or have a a read of the legislation yourself - link below...

15.01.2022 Our latest article will help employers understand their options in managing their staff lawfully when their business is required to stop operating or significantly reduce its hours of operation. If you would like to discuss the options for your employees, please contact a member of Taurus Legal Management on (03) 9481 2000.

15.01.2022 We've created a checklist for recovering your debts: 1. Immediately follow up all overdue payments with a letter and/or telephone call; 2. Consider negotiating a payment plan with your debtors (if your cash-flow permits); 3. If debts remain unpaid, issue legal proceedings immediately to fast-track prospective payment; 4. Only consider a statutory demand or bankruptcy notice if the debt is $20,000 or more and you can wait 6 months to proceed in Court; and... 6. Seek advice as to whether you can claim interest on overdue payments. You should also read our article (link below) which goes into detail about the changes in light of COVID-19. See more

15.01.2022 Relief for individuals and businesses...read our latest article. As always, if you would like to discuss the issue in more detail, please contact us on (03) 9481 2000 or at [email protected]

12.01.2022 The 30 April deadline for the first round of JobKeeper Payments is fast approaching. Are you ready? If you'd like to discuss the JobKeeper Payment wage subsidy or the changes the subsidy has had on the Fair Work Act, please call us on (03) 9481 2000 or email us at [email protected]

11.01.2022 Taurus Legal Management recently helped a client protect their brand. Our client discovered a competitor was using their brand name online - on their website and in social media posts. Our client was concerned their customers would sign up with their competitor as a result of the posts. Thankfully, our client had protected their brand by registering a trademark. ... We immediately sent a cease and desist letter, demanding that the competitor stop using our client’s brand and immediately remove any posts or website using our client’s brand or any similar brand. Whilst the competitor initially resisted the demand, they soon agreed to change their company name, domain name, social media handles and stop making any reference to a name similar to our client’s brand. This outcome was achieved without the need for issuing legal proceedings and is a reminder of the power of registered trade marks to protect your brand. If you wish to discuss a situation similar to this, or your protecting your brand generally, please contact the team at Taurus Legal Management on (03) 9481 2000 or at [email protected]

06.01.2022 Congratulations Jacqueline Gleeson and Simon Steward on thier appointment to the High Court of Australia. Both are very well respected Federal Court judges in Melbourne and Sydney. We've had a wife replace her husband on the High Court and now we have retired Chief Justice Murry Gleeson's daughter stepping up! https://lnkd.in/gcf993Q

04.01.2022 Our latest article explains what is required of landlords under the new National and State Guidelines on rent relief during COVID-19. If you need assistance with negotiating rent relief or understanding your obligations, you can call our team on (03) 9481 2000 or email us at [email protected]

02.01.2022 Congratulations to Artemis Wilkinson on her recent admission! She's worked and studied hard and we're thrilled she's part of the Taurus Team!

02.01.2022 Are you working from home during the COVID-19 crisis? Are you wondering how you’ll recover the additional running expenses you’re incurring whilst doing so? The ATO has introduced a temporary simplified shortcut method where you’ll be able to claim $0.80 per work hour for those additional expenses. Our Team has created the below checklist in relation to what you can and can’t claim and for what period: