COVID-19 – Changes to bankruptcy provisions
Financial distress It is anticipated that many business will suffer financial distress over the next 6 – 12 months (perhaps even over a longer period). Government reforms The Government has implemented some measures to reduce the risk of companies being placed into external administration by creditors and to protect individuals from bankruptcy. The threshold for […]
COVID-19 – How can I get help for my business?
This Update Covers: How you can access the Federal Government COVID 19 Stimulus Package What to do if your business becomes financially distressed and the emergency measures that the Federal Government has put in place to protect business owners What relief the major banks are offering for business and home loans How can I access […]
COVID-19 – Essential Information for Employers
Quick Summary What do I do if an employee is infected? What are employee’s entitlements whilst working from home? Can I change or reduce my employee’s hours? Can I stand down employees? Can I dismiss employees? Managing COVID-19 in the workplace Employers must have measures in place to eliminate or manage […]
How healthy is your business?
How healthy is your business? Why you need a legal health check… It’s simple really – you can’t fix what you don’t know. Too often people come to us when a legal issue has already surfaced, such as, being sued, insolvency, an unforeseen tax liability or an investigation being commenced by a Government regulator. These […]
Asset protection strategies
Protecting the family home – Gift and loan back arrangement Many business owners personally hold real property in their own name. The principal place of residence capital gains tax (CGT) exemption often drives the decision to have the family home held by individuals. The downside to this arrangement is that if an individual is faced […]
Property Vine raises $2.5 million
In July 2019, New Era Lawyers assisted Property Vine Ltd (PVL) in successfully raising $2.5 million under its capital raising offer. PVL is an unlisted public company that combines over 10 years of property services business experience through its 3 directors, to provide investors with investment in a suite of businesses including property, management rights […]
New Era Lawyers advises on $70 million capital raising
New Era Lawyers recently advised public company, Investors Central on a $70 million capital raising. The capital raising involved the offer of $70 million of debt securities to investors under two separate prospectuses. This is the largest capital raising completed by an Australian law firm which is not based in a capital city and demonstrates […]
New Era Lawyers advises Sanad Capital $30 million capital raising for Adventure Park
Based in our hometown, Mooloolaba, Sanad Capital have unveiled their $450M integrated tourism resort and active leisure park on the Sunshine Coast, ACTVENTURE. New Era Lawyers advised Sanad Capital on its recent $30 million underwriting agreement with an Asian investment group for the development of ACTVENTURE. Sanad Capital, a homegrown, privately owned development and investment […]
New Era Lawyers advises on $50 million capital raising
New Era Lawyers have advised Investors Central on its recent $50 million capital raising subsequent to their successful $30 million capital raising in 2016. Investors Central is an Australian-owned, unlisted public company that raises capital to invest in secured consumer and commercial loans. Since 2010, Investors Central has achieved steady growth in both revenue and […]
Let the crowd follow you – the future of crowd sourced equity funding.
Let the crowd follow you – the future of crowd sourced equity funding (CSEF) in Australia Are you looking for new pathways to raise funds for your business? After much anticipation, regulations have been implemented to facilitate crowd-sourced equity funding (known as ‘CSEF’) in Australia. What is crowd funding? CSEF is an innovative approach to […]