Solution Brief: Raising Money in Australia
People seek to raise capital in a number of different contexts. In its simplest form, people ‘pool’ their capital with others to carry out a particular venture (for example, to buy a property or start a business). More sophisticated structures may involve setting up a unit trust to hold an asset or raising money into […]
Solution Brief: Tenancy-in-common property ownership disputes
Tenancy-in-common ownership gives each co-owner title to and control over a fixed interest in real property. This makes it a flexible and autonomous way to own property. But what happens when the co-owners don’t agree? We discuss some options below: Option 1: Enter into a Co-ownership Agreement The co-owners may also wish to consider entering […]
Solution Brief: Corporate Governance – Members, Boards & Managers
This Solution Brief outlines the respective roles and responsibilities of members (or owners), the Board of directors and managers. Members (owners) The people who own the ‘equity’ in a company are commonly referred to as shareholders or members. The members of a company exercise ultimate control of the company through their right to appoint and […]
Solution Brief: Constitutions
When people go into business together, it is common for them to enter into a Shareholders’ Agreements to govern how they will own and administer their company. Our preference is to use a company’s Constitution as the primary instrument to regulate the affairs of a company. Our reasons for this include: Simplicity A Constitution provides […]