Covid 19 and the Obligations and Options for Business Owners

Times are uncertain for business. Moving forward, it is important that business owners have a clear sense of their obligations.

It is also important that business owners have a clear sense of their options and there are always options. Even if you are struggling, there are a number of options to improve the situation. We discuss these options.

As business owners, we have commitments to our family, our staff, our creditors and our customers. We discuss these (sometimes conflicting) commitments.

Business owners, if you wish to discuss these options as they relate to you, we offer a free 30-minute legal consultation which can be booked here:

Business Owners and $12.1b Covid 19 Rescue Package

Here Brent Norling and Damien Grant discuss the four things that will impact business arising out of the Covid-19 relief package.

This is an uncertain time. The reality is in this time, some businesses will have massive opportunities while others are suffering a massive decline. For those, these four things may have an impact.

There will be a chance later to discuss the merits of this package. Today isn’t that day.

Clerking at Norling Law

The difference between studying law and law in practice can be quite a contrast. Especially with what is taught in lectures in comparison to some of the real-life cases we deal with on a day to day basis.

There can be a steep learning curve for students who enter practice. It is also quite challenging to identify the practice area that is suitable for each person.

Lucia joined Norling Law as a Law Clerk over summer and in this video we discuss what it is like to enter practice and what it is like to Clerk at Norling Law.

Morality vs Ethics in a Corporate Restructure

The morals vs ethics of a corporate restructure is a controversial topic.

Here, we discuss two converse views on a corporate restructure. Just because something may be morally wrong (on one view), doesn’t make it unethical on another.

We briefly touch on why a corporate restructure may be the right choice for a shareholder and some creditors and what ‘burnt’ creditors could do if it is done incorrectly.

At Norling Law, we are on both sides of corporate restructures. Sometimes we are on the side of the creditors who want to hold the debtors’ director liable. Other times, we assist the directors of the debtor company to undertake a robust restructure of the business that allows the business to continue, whilst some creditors remain unpaid.

Whichever side you are on, we can provide insight. We offer a FREE 30-minute legal consult where we can discuss the issues. You can book here:

How to Get Paid from a Debtor Company

It can be very frustrating when you provide goods or services and the debtor company doesn’t pay.

Perhaps they can’t pay. Perhaps they won’t pay.

But you have provided the goods and services and the debt is due and there is no dispute.

Here, we discuss the #1 strategy to get paid from a debtor company.

We discuss the actions that are needed to dramatically increase your chances of getting paid and also the crucial time that you must be radio silent to ensure you get the leverage you will need.

At Norling Law, we use these strategies frequently to put our clients in the most advantageous position when it comes to the collection of amounts owing to them.