Many companies start out with the best of intentions between friends or colleagues, unified by a common goal of making profit. Inspired by optimistic outlook, the necessity of formal agreements are often overlooked.
In many cases, it could take even longer, up to 7 years. Legal proceedings is very costly and could cost hundreds of thousands of dollars. It is also highly risk, if you lose, you are very likely to also have to pay for the other party’s costs.
Daily Express - 10 March 2018
In the recent years, we noticed a significant increase in number of cases involving misleading or deceptive conduct and breach of contract in property development projects.
In 2016-2017, migration appeal to the Administrative Appeal Tribunal (AAT) has increased substantially by 7,675 cases (up 41%) to a total of 26,604.
The Australian currency has dropped significantly compared to its peak in 2012/2013. This makes the Australian assets significantly “cheaper” to acquire for foreign investors.
74% of family provision claims by family (children or partners, including ex-partners) were successful.
If you die without a will, in legal term it is called “intestate”, you lose control of who will inherit your assets. The Government decides as to the distribution of your estate.
Overseas Chinese Daily News - 10 March 2018