Through our work in insolvency law we have established a sound reputation for identifying actions which can be used to claw back assets and re-constitute estates for the benefit of creditors.
A knowledge of legal principles underlying these procedures can also be used to protect individuals from the risks which they face particularly in their business dealings.
The law treads a fine line between making people liable for the consequences of their actions – e.g. personal injury actions and the law of negligence generally – and encouraging enterprise and risk taking – e.g. the invention of the limited liability company.
If you are in business, our senior solicitors are available to advise you on the legal risks which you face, including:
- the risks which company directors face
- risks which partners face under partnership law
- the risks posed by the law of negligence
- contractual liability
- fiduciary liability
- liabilities of guarantors
- liabilities of mortgagors
- liabilities arising under statute – these will depend on the industry you work in.
- etc.
While we will not act to conceal assets or advise on matters which we consider to be beyond ethical limits, there are a number of legitimate protections available to individuals within the letter and spirit of the law, including:
- corporate structures
- estate planning
- structures for the holding of assets
- insurance
- discretionary trusts
- superannuation
- indemnities
- guarantees
- releases
- securities
- etc.
We can advise you on legitimate measures you can take to limit those risks.
Further, if you need advice on, commercial or financial risks, we can put you in touch with licensed financial planners, accountants and other specialists.
Contact Craddock Murray Neumann asset protection lawyers Sydney for friendly professional legal advice.