Is directors’ insurance worthwhile?

Directors often take out what is called directors and officers insurance to cover their legal costs if they are sued in their capacity as directors. A recent case involving the directors of the failed telco One.Tel raise some concerns about this type of insurance. The...

New Police Car Chase Laws

On 25 February 2010 the NSW Minister for Police, Mr Michael Daley, introduced the Crimes Amendment (Police Pursuits) Bill 2010 into the NSW Parliament.  The law is aimed at toughening laws regarding drivers who evade police.  They are a reaction to a string of...

Bankruptcy and the home owner

  The uncertain times we are currently experiencing have seen the number of bankruptcies increase. One of the more common situations that occurs when someone goes bankrupt is that the family home is owned jointly by the bankrupt person and a spouse/partner. The...

Do you dare lend your car to your child?

It is something of a tradition in our society for children to borrow their parent’s car when the children first get a driving licence. It is also something of a vote of confidence by the parents to entrust the car to their child. Well that tradition has just become a...