Author Archive:
James Conomos
James Conomos Lawyers has an exciting rebrand and office move
Read more: James Conomos Lawyers has an exciting rebrand and office moveAs from today we are rebranding from James Conomos Lawyers to JCL Law Partners. We have operated as James Conomos Lawyers since 1 July 1992 when the firm was established by Jim. Since that time, we have built a reputable brand name in JCL, which we have sought to retain as part of the rebrand.…
The Visionaries – The tool, not the answer: AI in disputes
Read more: The Visionaries – The tool, not the answer: AI in disputesIs generative AI already being used in dispute resolution in your jurisdiction? About 32% of Australian employees use some form of Generative AI, but about two-thirds of those believe their manager does not know. Only 9.5% of large Australian businesses (those employing over 200 employees) have officially adopted AI. This drops to 1.4% among all…
Attacking Phoenix transactions
Read more: Attacking Phoenix transactionsMeet The Members – Asia-Pacific and The Middle East & Africa What is a Phoenix Company? A ‘Phoenix’ is a mythical bird that could live for five or six centuries in the Arabian desert. After this time, it would burn itself on a funeral pyre and rise from the ashes with renewed youth to live…
Court dismisses application to terminate the winding up of a company
Read more: Court dismisses application to terminate the winding up of a companyIn the decision of Re Gulf Aboriginal Development Company Ltd [2021] QSC 310, the Queensland Supreme Court (Freeburn J) dismissed an application to terminate a winding up order after concerns were raised about the viability of the company. This case helps to understand the Court’s limits when exercising the discretion to revive a company. Background In February…
Updated Advice: Can Employers Mandate Vaccines?
Read more: Updated Advice: Can Employers Mandate Vaccines?Since our last update on mandatory vaccines in the workplace, the Fair Work Ombudsman has provided some further guidance as to what circumstances it considers will give rise to a valid lawful and reasonable direction from an employer in respect of vaccinations. The FWO considers there are four (4) broad categories of work in respect of risk of exposure:…
Can Employers Mandate Vaccines?
Read more: Can Employers Mandate Vaccines?The rollout of the COVID vaccinations has raised the question of whether the vaccine will be mandatory. This is particularly important in employment where employers may demand that their employees receive the vaccine or face discipline/termination. Regulatory Position The Federal Attorney-General released a media statement outlining the Federal Government position on mandatory vaccines.[1] In summary the…
Member Spotlight – After dipping his toe into accounting, James Conomos was tempted away by the law
Read more: Member Spotlight – After dipping his toe into accounting, James Conomos was tempted away by the lawJames Conomos has built up a successful boutique legal practice during the past 30 years, but early on he was destined for another career altogether. James has been practicing law – commercial litigation and insolvency – for more than 35 years and for much of that time he’s headed up his own firm, James Conomos…
James Conomos of James Conomos Lawyers participated in The Art of Deal Making: Using External Expertise Effectively
Read more: James Conomos of James Conomos Lawyers participated in The Art of Deal Making: Using External Expertise EffectivelyForeword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get…
James Conomos Lawyers Add New Practice Area Commercial Litigation to their IR Global Membership
Read more: James Conomos Lawyers Add New Practice Area Commercial Litigation to their IR Global MembershipJames Conomos Lawyers, our exclusive Insolvency Member in Australia, are pleased to announce the addition of Commercial Litigation to their IR Global membership. This new position adds further strength to their membership and offers support for fellow members in the area. If you have a requirement in this area, please get in touch with Wiebke directly or…
James Conomos participates in the IR Global Insolvency Virtual Series – Insolvency & Restructuring: How the global pandemic changed the rules on insolvency
Read more: James Conomos participates in the IR Global Insolvency Virtual Series – Insolvency & Restructuring: How the global pandemic changed the rules on insolvencyForeward by Andrew Chilvers Insolvency and restructuring legislation changed radically in all jurisdictions in the wake of COVID-19. While governments have tried to delay the number of insolvencies in the short term, most experts agree that distressed businesses will start to fail significantly later this year and into 2021. For insolvency practitioners and lawyers alike,…
Insolvent trading moratorium extended to New Year
Read more: Insolvent trading moratorium extended to New YearThis morning the Federal Government announced it will continue to provide regulatory relief for businesses impacted by COVID-19 by extending temporary insolvency and bankruptcy protections until 31 December 2020. These measures, originally set to expire on September 30, include: Bankruptcy changes Increase in the minimum debt threshold for a creditor-initiated bankruptcy procedure from $5,000 – $20,000; The…
Are beneficiary’s always entitled to access trust documents?
Read more: Are beneficiary’s always entitled to access trust documents?Trust documents are commonly understood to include ‘those which evidence or record the nature, value and condition of trust assets.’ Relevantly, trust documents have been distinguished from those which are merely prepared by the trustee for their own purposes, with Hartigan Nominees deeming that documents which disclose deliberations about how the trustee should exercise their discretionary powers,…