The recent separation of technology mogul, Bill Gates, and his former wife, Melinda Gates, after 27 years of marriage, highlights the increasing trend of ‘grey divorce’ cases. The average age of divorcees in Australia is gradually rising, which is disrupting the retirement plans of many Australians who, after decades of marriage, did not expect to… Read More
Disclaimer: The directives in this article relating to the COVID-19 pandemic may no longer be in force. Please use caution if you are citing legislative material from this article as laws are subject to change. We recommend that you seek the most up-to-date law. In light of the most recent COVID-19 outbreak in Sydney, there… Read More
In hostile property settlements, one partner may seek to dispose of property or other assets to prevent them from being included in the asset pool and distributed. This only adds to the existing emotional and financial burden parties experience during separation. If your former partner is seeking to dispose of assets prior to a property… Read More
A fundamental component of a financial or business investment is risk. Adopting risk can reward the investor with higher returns, but at other times it may result in a significant loss or waste of assets. During a relationship, this risk is shared by both partners, but upon separation any subsequent investments are subject to assessment… Read More
Parties to commercial building disputes may utilise Security of Payment (SOP) legislation in their jurisdiction to resolve payment claims and recover money owed under a construction contract. The relevant legislation for NSW is the Building and Construction Industry Security of Payment Act 1999 (‘the Act’). Disputes are resolved by an adjudicator and any amount determined… Read More